Moving data analytics upstream to design phase could bring huge savings, claims clinical development KOL
“The cost of having to amend your Phase III trial for eligibility criteria has been estimated at about half a million dollars, or for a Phase II trial, it’s roughly $140,000.”
Those are the words of Rob DiCicco, deputy chief health officer, IBM Watson Health, who has spent 25 years working in clinical development with GlaxoSmithKline (LSE: GSK) and other companies, becoming a respected key opinion leader (KOL) in the area.
He has done a lot of work with TransCelerate BioPharma, a non-profit that collaborates across the biopharmaceutical research and development community to help find efficiencies in the highly expensive process of delivering new medicines.
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