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The Costs of Industry-Sponsored Medical Device Clinical Trials in Alberta.

Authors :
Akpinar, Ilke
Ohinmaa, Arto
Thording, Lars
Tran, Dat T.
Fedorak, Richard N.
Richer, Lawrence
Jacobs, Philip
Source :
PharmacoEconomics. Dec2019, Vol. 37 Issue 12, p591-597. 7p.
Publication Year :
2019

Abstract

Objective: Our objective was to describe the costs of industry-sponsored clinical trials for medical devices in Northern Alberta, Canada. Methods: We used centralized data to identify all industry-sponsored medical device clinical trials initiated in Northern Alberta from 2012 to 2016. For each arm of each trial, we calculated the price of devices provided by the sponsor and the cost of clinical and administrative services that were incurred to clinically operationalize the treatment. Results: Our sample consisted of 18 device trials initiated between January 2012 and January 2016. The overall cost (Canadian dollars [$Can], year 2018 values) per enrolee was $Can18,243 for the experimental arm and $Can13,827 for the control arm. Devices were the highest cost component, at $Can13,446 per enrollee in the experimental arm. Clinical costs in the control arms were higher on average ($Can7202 vs. 2504) than those in the experimental arms. Conclusion: Data from industry-sponsored clinical trials can provide important information on the full costs of device-related interventions. As device costs rise, and as policy makers require more evidence on device-related treatments, the cost of medical device-driven interventions should be documented along with their effectiveness. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
11707690
Volume :
37
Issue :
12
Database :
Academic Search Index
Journal :
PharmacoEconomics
Publication Type :
Academic Journal
Accession number :
139721796
Full Text :
https://doi.org/10.1007/s41669-019-0137-0