|
How Much Clinical Studies PayThe amount of money that you can get paid from participating in clinical research drug studies will vary from facility to facility and the amount of time the drug study will take. In addition, payment will vary depending on the number and intensity of procedures required during the study.
As a very general guideline (think several hundred dollars on either side of the estimate), you can expect to receive compensation for clinical research drug studies as follows:
- 3 days: $500
- 5 days: $1000
- 10 days: $1500
- 15 days: $2250
- 20 days: $3000
- 25 days: $4000
- 30 days: $5000
- 31 days +: $5000+
This is information for Phase 1 studies that require healthy individuals to test the drug before they testing the drug on subjects that have the ailment that the drug is meant for. You can also get paid for Phase 2 studies where the drug is tested on individuals that have the ailment the drug is trying to treat, but these studies usually pay much less than Phase 1 studies. Phase 1 studies will almost always require that you stay in the clinical research study facility 24/7 without leaving for the duration of that time.
For those who are considering doing clinical research drug testing as a full time endeavor, you can expect to make $20,000 - $25,000 a year if you are able to qualify for the maximum number of studies. There is a mandatory 30 day rest period you will need to take after each study before you will be able to try and qualify for the next one. This is to make sure that the previous drug has completely left your body. Due to this limiting factor, you can only complete six 30 day studies in a year which keeps overall compensation down.Previous: Get Paid For Medical Trials
|