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Electronic compliance monitoring (ECM) enables drug and device firms contemplating clinical trials to more accurately monitor, record and analyze dosing compliance in patients and reduce trial recruitment costs by 25 percent, experts say.
Electronic data capture (EDC) for clinical trials has not caught on with the industry as much as had been hoped, admits an executive of a leading EDC vendor.
A statistical technique called Pure Likelihood could cut the cost and length of clinical trials by making it possible to use fewer participants and allowing more flexible data analysis.
A new Rhode Island company called Analytical Edge has announced a partnership with Brown University to develop and market a statistical methodology designed to reduce the length and cost of clinical trials by cutting the average number of participants required and allowing more flexible data analysis.
The global market for radio-frequency identification (RFID) tags will surge to $2.1 billion by 2016 from $90 million this year, says a new survey by IDTechEx.
Electronic data capture (EDC) proponents may have oversold the technology as a “panacea” to cure all etrial operational challenges, but the reality of user difficulties and technology aversion has slowed EDC adoption, experts told PIR.
Electronic data capture (EDC) is temporarily on the downward arc of a predictable acceptance rollercoaster ride, EDC advocate and Nextrials CEO James Rogers told PIR.