A recent study estimates that the entire cycle of bringing a drug to market costs a staggering $2.6 billion. Clinical trials are critical to approval and consequently account for a large portion of that expenditure.
Clinical trials are a complicated process with very defined procedures and protocols. Even the slightest deviation in this process can negate the results and cost both drug companies and administrators time and money.
The burden of adherence falls to the physicians conducting the trials and the subjects they recruit. So, it would stand to reason that the better the tools for tracking reactions and effectiveness, the more relevant the data will be to researchers.
Yet, studies are often put in jeopardy by relying on outdated, manual data collection. We know this firsthand at Get Real Health, as the husband of one of our employees is participating in a clinical trial. Learning about her challenges as the primary caregiver inspired us to dig deeper into this topic. Her keen insight combined with my years of executing breast cancer clinical trials gave us a deep understanding of the ways a comprehensive patient portal would increase the accuracy of clinical trials, assist participants and save money in the long run.