How To Keep Your Clinical Trial On (Or Under) Budget

Designing and implementing clinical trials isn’t cheap. One report submitted to the U.S. Department of Health and Human Services (HHS) found that the average cost of a Phase 1 trial was $4 million, while the average cost of a Phase 3 trial was $20 million. Considering that up to 85% of all trials experience delays, your budget can quickly balloon out of control.

There’s no way to predict all of the challenges that a trial will face, but there are steps you can take early on in the design process to trim the fat and reduce waste.