How to pay for clinical trials in the US
A few weeks ago, I was sitting in the lobby of a big pharmaceutical company’s offices in downtown Seattle, Washington, where I was working on an article on the pharmaceutical industry.
The office was packed with reporters, most of them in their late 20s, and a few dozen of us were chatting casually.
One of them, who had been in the office all day, came up to me and said, “Hey, I’m here to ask you a question: How can you pay for your clinical trials?”
I didn’t know what to say.
“How can you?” he asked.
It was a strange question, but I knew exactly what to do.
I had worked at a pharmaceutical company for years, and I had been a consultant at the firm.
I could tell this guy was genuinely curious about the process of trial design.
But I didn, too.
I explained that I was a consultant, and had a degree in public health.
The doctor said, No, you’re not.
I knew it wasn’t true.
I would have to go back and ask him about his qualifications.
The answer was clear: He had been working at the company for nearly three decades, and was a former professor.
So I decided to find out what was going on in the world of clinical trials.
He agreed to be my guide.
So here I am in the middle of a trial that is running, and it’s only been a few weeks since I started.
My question was simple: Do you know of any way to pay to take part in clinical trials?
I thought for a moment, and then asked: How much do you charge for clinical research?
My friend agreed to help me.
So we started asking around.
We started talking to companies, including one that had been my employer for more than a decade.
One company said that they offered the option of paying for a trial as little as $50,000.
I asked how much they would pay for a clinical trial that cost $25 million.
Another company, which I’d been working with for a while, offered a trial for a low price of $10 million.
The last company I asked said that it would pay $100 million for a single trial.
I decided on the price.
The company agreed to pay me for an hour-long Skype call.
It seemed a reasonable price.
It would be a very short Skype call, and my only concern was to make sure that I could get the price down.
My friend and I walked away from the meeting with a big smile on our faces.
The whole experience was a great experience.
I felt like I was able to work with a real expert in a real company, and that I would not have to worry about how much money I would be charged for a study.
But we still didn’t have a clear idea of how much the trial costs, and we needed to figure out the minimum we could afford.
I began asking other friends about the price of clinical research.
We got many different answers.
Some people said that clinical trials cost $1 million or more.
We had never heard of a clinical study costing $1 billion, so I wondered what kind of study was that.
Another friend said that a trial cost $100,000 per person, and they’d pay $50 million per person.
My next question was: How do you know if you’re paying for an actual trial?
We were going to have to figure that out.
So, I asked my friend what kind, if any, trial they had.
His answer was surprising.
He told me that he had conducted one.
He had done it in his own lab, and the study had cost $4 million.
But his research was so successful that it wasn of interest to any company that had a clinical studies business.
He said that the study was not a real trial, and he could tell that it was a publicity stunt.
We agreed that I should ask him how much he had paid for a one-day trial that was only worth $50.
He was willing to pay $40,000 for a few days of work.
I went back to my colleague, who was an employee of another pharmaceutical company, to see if he had any idea of what a clinical trials trial was.
He suggested that maybe I should find a real clinical trial and ask them for it.
We were curious about this, so we looked for one.
We found one, but it was not for a real study.
It had been made up as a publicity campaign.
So instead, we looked at some of the trials on the internet and tried to figure it out.
We went to the website of the National Institutes of Health, and found that a single study was going to cost $10.3 million.
And when I tried to find the details, I got this email: This trial was not run by the National Institute of Health.
It has been approved by a