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Making Phase 2 clinical trials affordable
NickOttens
Posts: 899 admin
We have found several ways in which the cost of Phase 2 clinical trials might be reduced:
What are your thoughts on each of these potential cost-saving options? Can you recommend others?
- Allowing only supplements, over-the-counter and repurposed drugs, or SORDs.
- Reducing the number of participants in each cohort (30-50 at most).
- Restricting patients' age to 70+ years old, so that the intervention's impact is more pronounced and significant even with a small cohort.
- Optimizing the trial duration (3-12 months).
- Utilizing a shared control group. (Teams would not directly communicate with their cohorts).
- Making use of the XPRIZE brand to recruit volunteers.
- Focusing only on measuring biomarkers that are directly relevant to the competition and end goal, thereby minimizing testing costs.
What are your thoughts on each of these potential cost-saving options? Can you recommend others?
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The cost of a Phase 2 clinical trial can be prohibitive. In order to make sure that not only established firms can compete in an XPRIZE Age Reversal, we're looking for ways to brings costs down.
What are your thoughts on our ideas? Would you add anything to the list?
We're considering allowing competitor-teams to only test supplements, over-the-counter and repurposed drugs, optimizing the trial duration as well as the number of participants, and utilizing a shared control group.
Are there other cost-saving options?