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Clinical Research is a Multinational, Multibillion,
Multidisciplinary Industry |
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What is Clinical Research? |
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Clinical research is a scientific study of the effects,
risks, efficacy and benefits of a medicinal product.
These are carried out prior to the release of the
medicine in the market. These trials are undertaken at
various stages and studies are conducted after the
launch of a new product to monitor safety and side
effects during large-scale use.
Clinical Research is a systematic study for new
drugs in human subjects to generate data for discovering
or verifying the Clinical, Pharmacological (including
pharmacodynamic and pharmacokinetic) or adverse effects
with the objective of determining safety and efficacy of
the new drug.
Clinical Research is conducted in 4 Phases:-
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Phase I trials |
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This is
the first time the new drug is administered to a small
number, around 20-80 healthy, informed volunteers under
the close supervision of a doctor. The purpose is to
determine whether the new compound is tolerated by the
patient’s body and behaves in the predicted way.
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Phase II trials |
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In this
phase, the medicine is administered to a group of
approximately 100-300 informed patients to determine its
effect and also to check for any unacceptable side
effects. |
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Phase III trials |
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In this
phase, the group is between 1000 and 5000, for the
company to use statistics to analyze the results. If the
results are favorable, the data is presented to the
licensing authorities for a commercial license. |
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Phase IV trials |
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This is a
surveillance operation phase after the medicine is made
available to doctors, who start prescribing it. The
effects are monitored on thousands of patients to help
identify any unforeseen side effects.
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What is Clinical Research Associate? |
A
clinical research associate (CRA) is a
profession
defined by
Good Clinical Practice
guidelines (ICH
GCP). The main function of a clinical research associate
is to monitor
clinical trials.
He or she may work directly with the sponsor company of
a clinical trial, as an independent
freelancer
or for a
Contract Research Organization
(CRO). A clinical research associate ensures compliance
with the
clinical trial protocol,
checks clinical site activities, makes on-site visits,
reviews
Case Report Forms
(CRFs)
(CRFs) and communicates with clinical research
investigators. A clinical research associate is usually
required to possess an
academic degree
in Life Sciences and needs to have a good knowledge of
Good Clinical Practice
and local regulations.
CRAs also assist in communicating findings to the
research community.
Significant advancements in these areas and expanding
regulatory requirements have increased the demand for
trained CRA's.
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Clinical Research Industry
- A Global Perspective |
The global
pharmaceutical market is estimated at US$ 427 billion
and Research & Development cost is estimated at US$
60-65 billion annually. Two thirds of this amount is
spent on Drug Development, ie, approximately US$ 40
billion. Clinical Trials involve almost 70% of time and
money of new Drug Development. Cost of conducting
Clinical Trials for a new drug is approximate US$
200-250 million. |
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