Posted on Monday, March 07, 2016 at 1:28 pm CST
The cost of new drugs and medical devices is skyrocketing making them unaffordable to many in dire need. Bio-Pharma companies are required to conduct extensive clinical trials; to get their new drugs approved for launch by FDA and other global regulatory agencies. The high cost and risk of conducting clinical trials, are a major driver in making new drugs unaffordable.
Source: Clinical Data Inc.