Great read!
So why are trials getting more expensive? The crux of the article was triald aren't being done because costs have risen, but why have costs risen? Have they risen faster than drug prices?
So why are trials getting more expensive? The crux of the article was triald aren't being done because costs have risen, but why have costs risen? Have they risen faster than drug prices?
“Drugs are more expensive to test when they have smaller effects that require observing more patients for longer periods of time,” [1] Because you have to observe more people over a longer period of time.
That also tempers the article's enthusiasm for biological technologies. The problem with health technology is that every single step is uncertain, every single step needs to be tested. It's "artisanal" to an extreme extent. There is no equivalent to Moore's law. Each step costs more, not less. Well, until we reach the point we can grow who organs easily. Then thing might change.
[1] Title: "From concept to clearance: Why it’s so expensive to develop new CV [cardiovascular] drugs" https://cardiovascularbusiness.com/topics/healthcare-managem...