An Rx For Drug Trials

Drugmakers waste millions on antiquated methods for testing new products. The Web is changing that

The specially built floor-to-ceiling shelves covering the wall in Edna Hutchings' office are crammed full of binders. Hutchings, a registered nurse at the University of Alberta Hospitals, has conducted some 60 clinical trials on new pharmaceuticals in the past decade. Most of them were done the old-fashioned way: clinicians laboriously recording clinical data on paper forms. One of Hutchings' current trials involves 20 patients, and by the time it is done, she says: "I will have 60 binders per patient."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.