February 1996 - The CenterWatch Monthly : Volume 3, Issue 1, February 1996
Grants Market to Grow By More Than $250 Million In 1996
In 1995, industry spent an estimated $2.6 billion on clinical grants to U.S. investigators.
Annual R&D spending by PhRMA members expected to increase 9.6% in 1996, up from 6.9% in 1995.
Academic centers continue to lose market share; they now receive 55% of commercial grant.
Give Me Your Young, Your Old, Your Ethnically Diverse
Pending regulatory changes will force sponsors to recruit diverse patient groups or risk having their studies fail.
Recruitment barriers vary for each patient population.
Sponsors, CROs, and investigative sites need to develop sophisticated recruitment strategies specific to the targeted population group.
News & Notes: Hill Top Research Buys Future Healthcare's Sites
Hill Top Research acquires Future Healthcare's assets; creditors may challenge deal in court.
The FBI is investigating Future Healthcare's top officers for possible bank and insurance fraud.
CenterStage: Penny Wise and Pound Foolish
A discussion on the importance of understanding the true costs of clinical research