Next Generation Clinical Trials: Embracing Virtual Methods
Abstract:Conventional clinical trials are essential for generating high-quality evidence by measuring the efficacy of interventions in rigorously controlled clinical environments. However, their execution can be expensive and time-consuming. It approximately costs 2-3 billion for the development of a new drug and over two-third of this cost is embedded for clinical testing phases. Clinical trials even struggle to keep participants engaged in the study as nearly 40% of participant's drops out. In addition, clinical tria… Show more
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