In today’s post, Dan goes through each of the 4 phases of a clinical trial and explains exactly what each phase consists of, how they are different from the other phases, and finally, who may benefit the most from each phase depending on what the study participant is looking for. We hope this helps!
Posts tagged compensation
In today’s video, we were blessed with being able to interview Mike. Mike has participated in numerous clinical trials since 2001, and according to him, has had no negative experiences to share. We like to bring you perspectives of different clinical trial participants’ experiences, whether they are good or bad.
Here’s the link to the video in case the one in the player doesn’t work. Just when I thought I’ve heard it all regarding clinical trials, my buddy Dave Dartez shares a story about his friend who is participating in an outpatient clinical trial where he smokes marijuana and his behavior is analyzed. Sounds like he is definitely having a good experience, not to mention he is also being compensated for his time and travel. We include interesting stories like these to illustrate how diverse the clinical trials industry is. On one hand you have people trying to find cures for cancer, and on the other, you have people who are analyzing the benefits of marijuana. It is very important to understand that the clinical trials industry has over 20 Million Americans participating every year so it is not unusual to be able to find, uhh shall we say unique(?), studies such as these! We will keep you posted on whether Dave actually joins this clinical trial…
Here’s the video again in case the one in the player doesnt work:
We received a very good question the other day from one of our viewers. She asked us who is responsible for medical costs associated with any injury or other such adverse event of a clinical trial that would require medical attention. The answer is that the drug company sponsor should pay for it, but many times, the clinical trial participant has to be extra vigilant about ensuring that his or her personal medical insurance is not actually getting billed. Let us know if this is helpful.
Today we had the honor of interviewing the real guru, study participant Craig Klein. Craig has participated in dozens of clinical trials for healthy volunteers. These are also known as Phase 1 studies and the individuals who participate in these types of clinical trials end up getting thousands of dollars in compensation for their time while in the studies. Craig provides excellent insight into the world of Phase 1 clinical trials.