February 4th, 2010

Mayo Clinic collaborates with start-up company to speed clinical trials

By Kelley Luckstein

When a clinical drug trial fails- and they often do- everyone loses. Patients don’t receive new treatments. Companies, investors, and hospitals see precious time, money, and resources evaporate into smoke.

 

“There’s nothing more expensive than a trial that doesn’t work,” said Dr. Wayne Nicholson, a Mayo Clinic anesthesiologist  who often works with pharmaceutical makers. By collaborating with Centerphase Solutions Inc. of Upper Saddle River, New Jersey, the Mayo Clinic is trying to improve its chances.

 

MedCity News, by Thomas Lee, 2/3/2010

 

Additional coverage: Post-Bulletin, FierceBiotech IT

Tags: Business Relations, Centerphase, clinical trials

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