Paid Clinical Trials

Posted by sleepyguy in Prescription Sleep Medicine on May 12th, 2010

Have you ever wondered about making more money in these tough economic times?

Here is a tip on how to make some extra money!!! Helping yourself financially by volunteering to be a subject in a paid clinical trial could be quite easy. Finding the right research study for you isn’t all that difficult a strategy to lay out. Just go to a search engine (Google, Yahoo) and type in ‘paid clinical trials.’ that should be good enough to help you. There are many different avenues to follow, some are specific to sex, age, race, and even illness, but many are not.

Are clinical trials safe?

From what I’ve found in my analysis of safety, the most important aspect of any legitimate study is the health and well-being of its patients. Not all clinical trials contain an element of risk, but where there is regulatory oversight there are safeguards in place to keep risks at an absolute minimum. Protective legislation was enacted back in the 1980’s and it is the Medicines and Healthcare products Regulatory Agency (MHRA) responsibility for ensuring that medicines and medical devices work and are acceptably safe.

How much will I be paid for the study?

Well, with every study, the pay is based on time spent at the study. They normally will pay for transportation back and forth as well. A lot of clinical research companies only accept local residents. You are not paid for the risk factor of the study, and it usually ranges between $100 to $200 US dollars for every 24 hours spent in the facility. If you drop out for medical or personal reasons the clinics usually will pay you a prorated amount and base it on the portion of the study you completed. Some might not pay you at all unless you complete the paid clinical trial. This includes follow up visits and repeated tests.

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