SHARE
Facebook X Pinterest WhatsApp

Health Care Industry Increases Use of Clinical Portals

The actual cost of drug development is a matter of debate, since companies are stingy when it comes to releasing data. But one thing’s certain: it’s not cheap. According to an estimate made last year by the Tufts Center for the Study of Drug Development, the cost of bringing a drug to market is $897 […]

Written By
thumbnail M.L. Baker
M.L. Baker
Apr 1, 2004
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

The actual cost of drug development is a matter of debate, since companies are stingy when it comes to releasing data. But one thing’s certain: it’s not cheap. According to an estimate made last year by the Tufts Center for the Study of Drug Development, the cost of bringing a drug to market is $897 million dollars. Late last year, the consultancy Bain & Co. Inc. used different assumptions and upped the estimate even higher, to $1.7 billion.

Industry experts attribute most of the expenses to clinical trials. In these multiyear studies, huge volumes of data are collected from patients, often by clinicians working at more than a dozen sites.

Not surprisingly, there’s a large market for products and services that claim to make clinical trials more efficient. These include several kinds of so-called e-clinical services such as electronic-data capture, interactive patient enrollment and Web-based trials management. As these services grow in use and number, professionals need ways that keep their applications—and their team members—working together. But until recently, one potential solution has been consistently underused: namely, the World Wide Web.

That’s changing, says Sandor Schoichet, senior consultant at Zoomedia Inc., a firm that helps life sciences companies use Internet communications effectively. Schoichet, formerly director of information sciences at Genentech Inc. and CIO at Gorilla Genomics, says he is seeing more companies starting to use so-called clinical portals. He defines these as a special type of Web site that helps members of a geographically dispersed team to work together by providing “integrated, secure and personalized access to … databases, documents, applications and collaboration services.”

Click here for the full story.

Recommended for you...

RegScale CRO on Channel Growth in Risk & Compliance
Victoria Durgin
Aug 22, 2025
Manny Rivelo on Evolving Channel & How MSPs Can Get Ahead
Victoria Durgin
Aug 20, 2025
Databricks Raises at $100B+ Valuation on AI Momentum
Allison Francis
Aug 20, 2025
Keepit Achieves SOC 2 Type 1 & Canadian Ingram Micro Deal
Jordan Smith
Aug 20, 2025
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.