What if you raised $2million or more (much more) for a clinical trial or research project, and nobody came? Over 30% of clinical trials and research projects fail to accrue enough patients/subjects to validate any findings. Wasted time and money.
Malecare has developed a simple, elegant way to improve the accrual process. You’ve noticed Malecare’s participation in lots of research during the last ten years. Over thirty peer-reviewed papers, two patents on new devices and methods (one granted and the other still pending), and several posters and abstracts have come directly from Malecare’s work. As a sidebar, we’ve been developing better accrual strategies that almost all prostate cancer research can use. The projects that followed our advice have fully accrued either on or ahead of schedule.
Conversely, the external projects that did not follow our advice did not do as well. Imagine 30% more successful research, for no additional costs. (Does this sound like an infomercial?) We’ve got some more tweaking to do but should have this all ready by early February. We’ll make this available to all researchers worldwide. Just thought to mention this, today, so that you all can get a taste of Malecare’s continuing innovation and feel motivated to support our work with a donation at malecare.org/donate
Written by
Darryl
Partner
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Darryl, I may be telling you something you already know. But just in case.
Recruiting clinical trial patients is big business. The Pharmas will pay big bucks for them. It varies a lot by supply and demand. It's been a while but I recollect $3000 each wasn't out of bounds.
They are fussy about how it is done. But maybe you should find a partner who can help you ask for money, and for whom you can help do a better job of recruiting.
And don't sell yourself short. Your part of the value chain is worth more than theirs.
And everyone can do a better job recruiting. I don't even respond to these requests because of their ruthless slash and burn approach to wasting your time (they don't care, they will never talk to you again)
If you made it a core revenue activity, you could do such a better job than them, (from a patient perspective) and could become the go to source.
But don't sell yourself short. Start by going shopping for a partner who will help you, not vice versa. And let them know you want a 50/50 split.
I would start by investing in a 10 foot tradeshow booth, and become a regular at the national Asco meeting (you won't meet the same people just walking the show).
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