News Related to Neurological Disorders

Related coverage linked through entity extraction aliases.

Clinical Trial Costs and Phases: From Safety Testing to Market Approval

Mar 31, 2026

Clinical trials take 10-15 years and cost $1-2 billion from discovery to approval, progressing through four phases from safety testing to real-world monitoring. These studies face challenges including high costs, regulatory oversight, and participant recruitment while new technologies are transforming trial design. Illinois faces a shortage of Phase I clinical trial facilities despite local companies conducting over 50 such trials annually.