Data Release Records Highest Global Clinical Grant Spending
Global clinical grant spending in 2008, the last year for which complete data are available, reached a new high at $11.5 billion. According to TTC-llc, the breakdown by phase ranged from $0.8 billion for phase I studies, $2.2 billion for phase II studies, and $7.2 billion for phase III studies. Phase IV spending totaled $1.3 billion. The data come from the industry’s largest current database on pharmaceutical clinical grants, GrantPlan®, supplemented with additional data from ClinicalTrials.gov.
Clinical grant spending varied substantially by therapeutic area. The five largest therapeutic areas in phase 1-3 were: Oncology, 23%; Central Nervous System and Mental Disorders, 22%, Cardiovascular diseases, 18%, Endocrine, 10%, Infectious diseases, 7%. Relative phase IV spending differed by therapeutic area, with the five largest being: Central Nervous System and Mental Disorder, 40%; Cardiovascular, 20%; Endocrine, 10%, Infectious Diseases, 7%, and Genitourinary Systems, 4%. Oncology grant spending represented only 3% of phase 4 spending.
Driving Diversity with the Integrated Research Model
October 16th 2024Ashley Moultrie, CCRP, senior director, DEI & community engagement, Javara discusses current trends and challenges with achieving greater diversity in clinical trials, how integrated research organizations are bringing care directly to patients, and more.
AI in Clinical Trials: A Long, But Promising Road Ahead
May 29th 2024Stephen Pyke, chief clinical data and digital officer, Parexel, discusses how AI can be used in clinical trials to streamline operational processes, the importance of collaboration and data sharing in advancing the use of technology, and more.
The Rise of Predictive Engagement Tools in Clinical Trials
November 22nd 2024Patient attrition can be a significant barrier to the success of a randomized controlled trial (RCT). Today, with the help of AI-powered predictive engagement tools, clinical study managers are finding ways to proactively reduce attrition rates in RCTs, and increase the effectiveness of their trial. In this guide, we look at the role AI-powered patient engagement tools play in clinical research, from the problems they’re being used to solve to the areas and indications in which they’re being deployed.
