Can I Get Paid for Participating in a Clinical Trial?

Many times we hear the question, “Can I earn money for taking part in a research study?” This is one of the most common inquiries people ask online when considering enrolling in a clinical trial.

The solution is of course, you can get paid for study-related time and also travel for taking part in many clinical trials. While not all research studies pay participants, many clinical trials pay from $80 to $3,450. To obtain a far better idea of what a certain trial might pay, we outline that below.

How Pay is Figured Out in Clinical Research Trials

Almost every research study offers compensation or compensation for study-related time and/or travel. The total amount of money a clinical trial pays varies for every research study and is calculated by many aspects, consisting of, however not limited to:

• The amount of in-person visits required
• The amount of phone visits required
• Diary entry, or symptom monitoring requirements
• Time for study-related examinations
• The problem being studied
• The patient/caregiver problem
• The length of the research study
• The phase of the study (earlier phase studies commonly include more risk).

No matter how easy it can be, involved, a clinical trial can still require time and also travel, and also might involve risks. This is why compensation is provided for a lot of research studies at Palm Beach Research. Studies commonly require a number of visits, each of which can entail payment for completion. In addition, some research studies require weekly or daily check-ins with an app, patient journal or phone call which likewise involves payment.

Instances of Low-Paying Research Studies.

An instance of a low-paying research study might be an interview-only study in which individuals are asked questions, as well as are not offered any investigational treatment. Some research studies are performed to analyze exactly how well product packaging or guidelines can be comprehended and also adhered to.

One more example of a low-paying research study might be a specimen collection research study, in which participants might only be required to provide a blood, saliva, or nasal swab sample. These research studies might just take a couple of hours, or much less.

Examples of High-Paying Research Studies.

Higher paying clinical trials may involve investigational injections, medications, clinical devices, or examinations. A Phase I study for an investigational vaccine will normally pay more than a Phase III research study for the exact same investigational vaccine. This is due to the fact that Phase I research studies are the first to involve human subjects, the potential risks and benefits may not be clear.

Phase I studies might also require more of the participant’s time for visits, journal entries, or in-office examinations. Inpatient studies– which require one, or more, over night remain in a facility– frequently pay more than outpatient research studies, which only require one, or more visits. Most of our research studies are outpatient studies.

To better know the payment for Phase 2-4 trials, it may aid to learn the investigational product the trial is studying. For example, a trial for a possible multiple sclerosis medication might require longer visits, more intensive signs and symptom tracking, and one-on-one visits with neurologists. Alternatively, a vaccination research study, such as a COVID-19 injection or RSV vaccination study Palm Beach Research is carrying out, might require a couple of visits that just require a medical exam, administration of the investigational vaccine or placebo, and also blood draws.