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by theprop 3317 days ago
Where did the $850 million to bring the drug to market go? What is that spent on? The drug or chemical itself is often discovered somewhere else, in say a university lab financed by the NIH, then licensed to a company. Rarely are the subjects of testing compensated for being guinea pigs for the drugs. There are also not that many doctors overseeing the trials.
1 comments

Each person in the clinical trials of which there are at least 3 phases costs 20-30k for most drugs.
That's payments to the patient for trying the drugs??
I would imagine that the costs are for:

- Paying someone to monitor progress

- Insurance against the possibility that the drug seriously harms them

- Administration for communicating with them

- Advertising of the trial to recruit them

- Paying them cash directly for their troubles

This is more like the list of costs. Missing from this list are the doctors that prescribe and deliver the treatment.
Yes, I participated in one clinical trial as a 'volunteer' and I was paid for it.