Can I Earn Money for Taking Part In a Clinical Trial?

Can I Earn Money for Taking Part In a Clinical Trial?

” Can I get paid for taking part in a research study?” This is the most usual question individuals ask Palm Beach Research online when taking into consideration registering for a clinical trial.

The answer is yes, you can get paid for study-related time and travel for participating in a lot of clinical trials. While not all research studies pay participants, most clinical trials at Palm Beach Research pay from $75 to $4,500. To get a far better idea of what a particular trial could pay, keep reading.

Exactly How Pay is Determined in Clinical Research Trials

Almost every study offers compensation or compensation for study-related time and/or travel. The total a clinical trial pays differs for every single research study and is figured out by lots of factors, consisting of, but not limited to:

• The number of in-person visits required
• The number of phone visits required
• Journal entry, or symptom monitoring needs
• Time for study-related exams
• The problem being researched
• The patient/caregiver worry
• The length of the study
• The phase of the research study (earlier phase research studies typically include more risk).

No matter exactly how simple it can be, engagement in a clinical trial can still require time and also travel, and also might entail risk. This is why compensation is provided for a lot of studies at Palm Beach Research. Research studies frequently require several visits, each of which can include payment for completion. Additionally, some research studies require weekly or daily check-ins through an application (patient diary) or telephone call which likewise involve payment.

Instances of Low-Paying Research Studies.

An example of a low-paying research study would likely be an interview-only research study in which participants are asked questions, and also are not offered any investigational treatment. Some studies are conducted to analyze just how well product packaging or guidelines can be understood as well as complied with.

Another instance of a low-paying research study might be a sampling collection study, in which participants may only be required to offer a blood, saliva, or nasal swab sample. These research studies might just take a few hours, or much less.

Examples of High-Paying Research Studies.

Greater paying clinical trials might include investigational vaccines, medications, medical tools, or examinations. A Phase I study for an investigational injection will normally pay more than a Phase III study for the exact same investigational injection. This is because Phase I studies are the first to include human subjects, the possible risks and benefits may not be clear.

Phase I research studies may likewise require even more of the participant’s time for visits, journal entries, or in-office examinations. Inpatient research studies– which require one, or more, overnight stays in a center– often pay more than outpatient research studies, which only require one, or more visits. A lot of our research studies are outpatient research studies.

To better understand the payment for Phase 2-4 trials, it might help to learn the investigational product the trial is examining. For example, a trial for a prospective multiple sclerosis medicine might require longer visits, even more intensive symptom tracking, as well as face to face visits with neurologists. Additionally, an injection research study, such as a COVID-19 injection or RSV injection research study Palm Beach Research is carrying out, might require a few visits that just require a medical examination, administration of the investigational injection or placebo, and also blood draws.