What Do You Need to Know About Paid Clinical Trials?

The advancements in technology have paved the way for new ways to make money. Clinical Trials are one of them. Yes, they are not a full-time job or a business opportunity but if you want to make some scratch on the side, they are an excellent option but before you sign up for a trial, consider the following!

Inpatient or Outpatient

Inpatient Trials require the volunteer to stay at the Institute for the length of the study. Yes, it also includes the whole night. On the contrary, outpatient trials require the volunteer to appear for initial screening, trial start and follow up sessions.

Control or Test

You should know that volunteers are categorized in different categories. These are control and tests groups. Control group is not introduced to the intervention; they usually get a placebo. The volunteers are recruited to be a part of the control group. They are not exposed to certain tests performed in the institute. They are more for the study purposes.

On the contrary, the test group does almost every heavy lifting. They are subjected to several tests and are kept in control environment for observations. They are completely the main elements of the study

Understand the Different Between Phases

Before you search for paid clinical trials, you better understand the difference between Phase I, II and III. If a clinical trial wants to develop a new drug or medical procedure, then the intervention has to past through a series of phases before it is approved. Phase I asses the safety of intervention related to the placebo.

 

Phase II tests assess the intervention of efficacy like does it work or not? Phase II trials tweak the intervention dosing to confirm efficacy and develop consensus.

Pay-Rate

Clinical trials that pay high amounts of money per visit are compensation dependent according to the length of time required for the procedures. You will make more money if you stay overnight. The company usually provide all the necessary facilities.

However, it inclines you will have to pay frequent visits. Moreover, higher pay means the procedure is invasive. So, you need to carefully consider the monetary compensation against putting your health to risk. Invasive procedures can easily go south.

A Word of Advice

Clinical trials are a great way to make some extra scratch. But, if you are not careful, they can seriously harm you, So it’s important you protect yourself by:

Carefully reading every document and asks questions if you don’t understand something. Yes, the study coordinator is unable to give you every detail. But you have to ask others conducting the trial about the head scientist, how long the trial will go on, what you are getting und and what you will undergo during the trial.

A clinical trial is a glorified term; you are basically a guinea pig getting paid for putting his life on the line.  With that said, you are in your rights if you decide to stop the trials at any given time. So, follow your gut feeling, walk away if something doesn’t feel right.

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