Get Paid for Participating in a Clinical Trial

“Can I make money for joining a research study?” This is one of the most common inquiry people ask online when thinking about enrolling in a clinical trial.

The answer is yes indeed, you can get paid for study-related time as well as travel for taking part in most clinical trials. While not all research studies pay participants, many clinical trials at Palm Beach Research pay from $75 to $4,500. To obtain a better idea of what a specific trial could pay, keep reading.

Exactly How Pay is Established 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 each research study and is established by many variables, consisting of, but not limited to:

• The number of in-person visits required
• The amount of phone visits required
• Journal entry, or signs and symptom tracking requirements
• Time for study-related examinations
• The problem being studied
• The patient/caregiver worry
• The size of the study
• The phase of the study (earlier phase studies typically entail more risk).

No matter exactly how simple it can be, engagement in a clinical trial can still require time as well as travel, as well as might entail risk. This is why payment is provided for the majority of research studies at Palm Beach Research. Research studies usually require numerous visits, each of which can include payment for completion. In addition, some research studies require regular or day-to-day check-ins through an application (patient journal) or phone call which also include payment.

Examples of Low-Paying Research Studies.

An instance of a low-paying research study might be an interview-only study in which participants are asked questions, as well as are not given any type of investigational treatment. Some research studies are performed to examine just how well packaging or instructions can be recognized and also complied with.

Another example of a low-paying research study may be a specimen collection study, in which individuals may only be required to offer a blood, saliva, or nasal swab sample. These studies may only take a few hrs, or much less.

Examples of High-Paying Research Studies.

Higher paying clinical trials might include investigational vaccinations, medications, clinical tools, or examinations. A Phase I study for an investigational vaccine will usually pay more than a Phase III research study for the very same investigational vaccine. This is because Phase I studies are the first to involve human subjects, the potential risks and benefits might not be clear.

Phase I research studies might likewise require more of the participant’s time for visits, journal entries, or in-office exams. Inpatient studies– which require one, or more, over night stays in a clinic– regularly pay more than outpatient research studies, which just require one, or more visits. The majority of our research studies are outpatient studies.

To better know the payment for Phase 2-4 trials, it may assist to learn the investigational product the trial is researching. As an example, a trial for a possible multiple sclerosis medication may require longer visits, more intensive symptom tracking, and also face to face visits with neurologists. Alternatively, an injection study, such as a COVID-19 vaccine or RSV vaccination study Palm Beach Research is performing, may require a couple of visits that just require a medical examination, administration of the investigational vaccine or placebo, and blood attracts.