Contact Us

If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.

Please fill out the contact form below and we will reply as soon as possible.

  • Courses
  • Tutoring
  • Home
  • Economics, Finance, & Analytics
  • Research, Quantitative Analysis, & Decision Science

Clinical Trial - Explained

What is a Clinical Trial?

Written by Jason Gordon

Updated at April 16th, 2022

Contact Us

If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.

Please fill out the contact form below and we will reply as soon as possible.

  • Marketing, Advertising, Sales & PR
    Principles of Marketing Sales Advertising Public Relations SEO, Social Media, Direct Marketing
  • Accounting, Taxation, and Reporting
    Managerial & Financial Accounting & Reporting Business Taxation
  • Professionalism & Career Development
  • Law, Transactions, & Risk Management
    Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
  • Business Management & Operations
    Operations, Project, & Supply Chain Management Strategy, Entrepreneurship, & Innovation Business Ethics & Social Responsibility Global Business, International Law & Relations Business Communications & Negotiation Management, Leadership, & Organizational Behavior
  • Economics, Finance, & Analytics
    Economic Analysis & Monetary Policy Research, Quantitative Analysis, & Decision Science Investments, Trading, and Financial Markets Banking, Lending, and Credit Industry Business Finance, Personal Finance, and Valuation Principles
  • Courses
+ More

Table of Contents

What is a Clinical Trial?How are Clinical Trials Used?Drug approval processAcademic Research on Clinical Trials

What is a Clinical Trial?

Clinical trials refer to scientific studies and observations carried out on medical treatment to check its safety and potency. These studies and experiments are carried out by individuals on human volunteers who have received specific medical treatments. Clinical trials are done in clinical research to identify the best treatments for certain illnesses. Clinical trials are both behavioral and biomedical, they sell to find the most effective prevention procedures and treatments for certain illnesses.

Back to: RESEARCH, ANALYSIS, & DECISION SCIENCE

How are Clinical Trials Used?

Clinical trials are studies and experiments that evaluate medical treatment, drugs, and procedures as to whether they are effective or otherwise. Clinical trials through the data generated from the studies reveal the most effective treatment for certain illnesses, it also shows treatments that may be less effective or harmful. Clinical trials provide helpful data and analysis for the health care sector. Given that the studies and experiments are empirical, the outcomes of clinical trials are free of biases. Drugs go through three stages of clinical trials, only drugs that pass all the three stages are approved for sales.

Drug approval process

Clinical trials are important studies that help health experts develop effective ways and procedures to diagnose, treat and prevent illnesses. There are some key processes in clinical trials, these include statistical analysis and empirical evaluation, so as to arrive at unbiased results. For drug manufacturers seeking approval for their products, the drugs must be subjected to the stages of clinical



clinical trial

Was this article helpful?

Yes
No

Related Articles

  • Coefficient of Variation - Explained
  • Decision Tree - Explained
  • Bell Curve - Explained



©2011-2023. The Business Professor, LLC.
  • Privacy

  • Questions

Definition by Author

0
0
Expand