For those annoyed by the pace and cost of clinical trials

[HairBane]

There is a company hoping to disrupt the process of clinical trials by reducing the cost by 80%, and significantly reducing the time it takes. A drug using their method has already been approved by the FDA. From this link: http://www.xconomy.com/boston/2013/0...crowdsourcing/

"Transparency Life Sciences (TLS) is a drug development company and a leader in the effort to embrace open innovation in clinical development. Tomasz Sablinski, the company’s CEO and founder, is calling for transparency in clinical trials to improve study design, quality and outcomes while drastically reducing costs. With recent clearance by the FDA of its Investigational New Drug application to assess lisinopril as an adjunct treatment for multiple sclerosis, TLS is embracing the power of disruption. Sablinski’s goals are universal and his success would be revolutionary. TLS aims to cut clinical development costs by 50 percent initially, with an ultimate goal of 80 percent savings, along with designing better trials and producing better outcomes. That’s high-impact, groundbreaking change."

Pretty good news for cutting edge treatments if this gains traction.

[Scientalk56]

this is a really good news, better than "5-years imaginary treatment coming out" news

[Sogeking]

Yup this would be awesome on so many levels.

[hellouser]

I bet if Aderans restarted they'd still manage to trudge through the process for another 10 years.

Actually, I bet Follica and Histogen would fail to take advantage of these benefits too. It's like they'd rather troll us than try to deliver a product on time.

[rdawg]

Fantastic news, so when would this potentially go into affect?

The FDA process is definitely in need of an update, extremely costly which causes delays in hopes of more funding, which might not happen if early results are poor!

[Thinning87]

Interesting. Thanks for posting