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Bullboard - Stock Discussion Forum Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > Phase 3 clinical trial costs for small molecule oncology dru
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Post by Noteable on Apr 01, 2024 7:40pm

Phase 3 clinical trial costs for small molecule oncology dru

The phase 3 clinical trial budget example for small molecule drugs discussed in the attached linked article adds up to $12.9 million.

However, clinical trial costs are highly dependent on a long list of factors that can vary substantially, particularly when biologics are trialed in combination with other biological drugs.  However as a general rule of thumb for small molecule drugs , pivotal Phase 3 studies cost a median of $41,117 per patient


https://www.linkedin.com/pulse/how-much-does-oncology-clinical-trial-cost-patricio-ledesma/

Comment by Noteable on Apr 01, 2024 7:57pm
A 2019 Italian Phase 3 costing study to assess  the estimated “per patient” total cost per single Oncologic Italian Cancer Center participating in a multicenter clinical trial with new anticancer biological agents using the activity-based costing (ABC) methodology found that on  average, a trial with immunotherapy drugs accounts for 12.659 Euro per patient, namely 2.302 Euro ...more  
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