Clinical trials over time have become a part of the costly ventures that are on the rise, which has added to the overall cost of researching and developing a drug or drugs and eventually, the cost that the patients have to pay to get them. Large-scale Pharma and small biotech are seeking unique and innovative ways to enhance the trial result and in turn, also reduce the trial costs. This means maximising the efficiency in which they hire patients, monitor how the drugs are supplied more closely and be more flexible regarding the design of the trials.
It is safe to say that patient centricity has for certain been one of the chief buzzwords in the drug industry for the past few years. This trending topic is now a part of the clinical trials as well. The patients are employing the use of their internet to gain knowledge and draw on the maximizing influence of the advocacy groups in order to get more involved in the overall aspects of the clinical trials.
The virtual clinical trials exhibit a fresh method of gathering safety as well as efficacy data from the participants of the clinical trials via the use of the mobile health technology that does not require the participants to visit the office of the doctor.
Tapping into the potential of technology
The smartphone is not just meant to run applications such Facebook or Instagram or even just text message anymore. As the consumers of today are now highly comfortable in using their mobile devices for anything like from internet banking to online shopping, they are also turning out to be highly comfortable in sharing their health information over phones. Biotech and pharma are employing the use of the mobile messaging service to amplify patient recruitment ahead of the clinical trials and then keep those patients on track during the course of the clinical trials.
Inflating on the idea of employing the use of the technology in clinical trials, there is a movement to have patients carry their own devices. While the patents may be much more comfortable with their devices, there are still worries over how secure the data may or may not be and what will happen if any of the patients somehow lose their devices. Pharma and clinicians are now tapping into the potential of the use of the wearable in order to get more data regarding the patient since the devices can be with the patients every time.
Being flexible than rigid in the course of your clinical trials will be more rewarding and will also result in being a smart move towards altering the landscape of the clinical trials and its outcomes.
This is a linked data structure that helps establish a time-centric, chronological record of the history of the patients that cannot be tampered with or even deleted because no other person or organization has the power to control the ledger.
Automated site supplies
Some biotech and pharma companies have now started to employ the use of the computer-monitored supply systems that simply and easily automate the drug dispensing as well as manage the inventories on the site.
This practice is now becoming more common because it permits less wastage within the supply chain and is also providing the companies with a tighter handle on the amount of the drugs to be used.