oa South African Family Practice - Contract research opportunities in SA Family Practice : clinical research in general practice - a significant income enhancer
Extracted from text ... Globally the Pharmaceutical Industry spent about $72 billion on research and development (R & D) in 2004. Of this, $22 billion was spent on phase II and III studies in clinical practice. In South Africa, it is estimated that approximately R600 million was spent on clinical development in 2004. This includes costs for laboratory tests and special investigations like X-rays and MRI's. R200 million of the total was paid out to investigators, all clinicians who participated in clinical trials. There is an increasing tendency and willingness of multi-national pharmaceutical companies to engage in more clinical development outside the USA ..
Article metrics loading...