Who pays for clinical research?
Funding for clinical research comes from both federal governments (for example the National Institutes of Health in the US), and private industry (pharmaceutical and biotech companies). The sponsor of the research hires physicians, who may work in a wide variety of health-care settings, to conduct the clinical trial. Physicians are typically paid on a per-patient basis. The medical care is often provided free to the patient. Patients may also be paid a small fee to participate in a clinical trial.
A. Funding for clinical research comes from both the government (through the National Institutes of Health) and private industry (the pharmaceutical and biotech companies). The sponsor of the research hires the physicians who may work in a wide variety of health car settings, to conduct the clinical trial. The physicians are typically paid on a per patient basis. The medical care is provided for free to the patient. Patients may also be paid for their participation for in the clinical trial.
Funding for clinical research comes from both the federal government (through the National Institutes of Health) and private industry (pharmaceutical and biotech companies). The sponsor of the research hires physicians, who may work in a wide variety of health-care settings, to conduct the clinical trial. Physicians are typically paid on a per-patient basis. The medical care is often provided free to the patient. Patients may also be paid a small fee to participate in a clinical trial. Should you participate in clinical research? People participate in clinical research for a variety of reasons. People who volunteer for phase II and phase III trials can gain access to promising drugs long before these compounds are approved for the marketplace. They typically will get excellent care from the physicians during the course of the study. This care also may be free. The patient’s rights and safety are protected in two important ways. First, any physician awarded a research grant by a pharmac
Mayo Clinic sponsors certain clinical studies initiated by the physicians as part of its ongoing commitment to clinical research. Additional funding may come from the federal government (via the National Institute of Health), voluntary health agencies such as the National Multiple Sclerosis Society, private industry (via pharmaceutical and biotech companies), or from philanthropic private donations to the Mayo that are earmarked for Research. According to Mayo Clinic policies, physicians cannot be paid for conducting clinical studies. Instead, they are allowed the time required to give proper attention to each participant of a clinical study.
