Decentralized clinical trials can have big financial upside, study finds 

Televisit image courtesy of Medable

The use of decentralized clinical trials (DCTs) exploded during the pandemic, but quantifying their financial benefits has been elusive. 

Medable (Palo Alto, California), the maker of a cloud-based DCT platform, has announced that DCTs can accelerate clinical trial timelines and lead to significant cost savings. 

Medable and its research partner, the Tufts Center for the Study of Drug Development (CSDD), found that for Phase 2 studies, a standard DCT deployment yielded a one-to-three month time savings over a traditional Phase 2 study. In addition, a DCT yielded a financial benefit that is up to five times more than the upfront investment. 

Time savings for Phase 3 studies were similar, while the net financial benefit was up to 14 times more than the upfront investment.

To learn more about the recent research, we spoke with Dr. Pamela Tenaerts, chief s…

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  • January 18, 2022
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Decentralized clinical trials continue to gain ground

[Photo by Laura James from Pexels]

The COVID-19 pandemic has led to fundamental changes in how pharmaceutical companies and physicians interact with patients.

And yet — for all of the talk about digital transformation, artificial intelligence (AI) and decentralized clinical trials in medicine in recent years — the adoption of those concepts has lagged. “The reality is that we’ve gone after shiny objects in many places,” said Dr. Nirav Shah, chief medical officer of Sharecare (Atlanta, Ga.).

The situation is, however, swiftly changing thanks to the pandemic. Some 44% of pharma, biotech and clinical research professionals have already adopted remote patient monitoring (RPM) or plan to do so in the next 12 months, according to a recent survey from VivaLNK (Campbell, Calif.). Almost two-thirds (65%) of survey respondents reported the pandemic was the primary driver of RPM adoption.

Physicians have w…

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  • May 25, 2021
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