Clinical trial costs by selected cost component and clinical phase as of 2014 (in U.S. dollars)*

Clinical trial costs by select component and phase This statistic shows weighted averages of clinical trial costs by selected cost component and clinical phase, as of 2014. The clinical trial cost for the cost component of Data Management in Phase I was 50,331 U.S. dollars as of that year.
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Cost componentPhase 1Phase 2Phase 3Phase 4
Data Management Costs50,33159,93439,04749,702
Cost Per IRB Approvals11,96260,188114,118137,813
Cost of IRB Amendments1,0941,6981,9191,636
SDV Costs326,437406,038400,173353,602
Patient Recruitment Costs37,050161,140308,672298,923
Patient Retention Costs6,14515,43924,72730,568
RN/CRA Costs178,237441,053939,540820,775
Physician Costs109,681381,968805,508669,464
Clinical Procedure Total475,6671,476,3682,252,2081,733,576
Central Lab Costs252,163804,821849,180419,758
Site Recruitment Costs51,904233,729395,182168,343
Site Retention Costs193,6151,127,0051,305,3611,835,341
Administrative Staff Costs237,8691,347,3902,321,6283,323,081
Site Monitoring Costs198,8961,083,1861,624,8741,549,761
Cost componentPhase 1Phase 2Phase 3Phase 4
Data Management Costs50,33159,93439,04749,702
Cost Per IRB Approvals11,96260,188114,118137,813
Cost of IRB Amendments1,0941,6981,9191,636
SDV Costs326,437406,038400,173353,602
Patient Recruitment Costs37,050161,140308,672298,923
Patient Retention Costs6,14515,43924,72730,568
RN/CRA Costs178,237441,053939,540820,775
Physician Costs109,681381,968805,508669,464
Clinical Procedure Total475,6671,476,3682,252,2081,733,576
Central Lab Costs252,163804,821849,180419,758
Site Recruitment Costs51,904233,729395,182168,343
Site Retention Costs193,6151,127,0051,305,3611,835,341
Administrative Staff Costs237,8691,347,3902,321,6283,323,081
Site Monitoring Costs198,8961,083,1861,624,8741,549,761
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Description Source More information
This statistic shows weighted averages of clinical trial costs by selected cost component and clinical phase, as of 2014. The clinical trial cost for the cost component of Data Management in Phase I was 50,331 U.S. dollars as of that year.
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Release date
July 2014
Region
United States
Survey time period
as of 2014
Supplementary notes
* Note that the reported numbers represent weighted average costs and standard deviations.

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