EconPapers    
Economics at your fingertips  
 

University–Industry Relations in Clinical Trials

Soo Bang
Additional contact information
Soo Bang: MHSA K36 Therapeutics

Chapter Chapter 11 in University-Industry Collaboration, 2025, pp 201-215 from Springer

Abstract: Abstract University–industry (UI) collaboration plays a vital role in clinical trials, bridging basic, translational, and clinical research to advance scientific discoveries into real-world healthcare applications. This partnership is distinct because biopharmaceutical and medical device companies rely on clinical trial data to obtain regulatory approval for their investigational products. Unlike traditional sponsored research, which aims to generate generalizable knowledge, clinical trials function more as a “work-for-hire” model, where the primary goal is to collect high-quality data in exchange for remuneration. While this perspective may seem transactional, the collaboration between universities and industry extends beyond financial incentives. It fosters critical expertise in study design, execution, and data analysis, ultimately aiming to generate robust evidence confirming the safety and efficacy of investigational drugs, interventions, devices, or procedures. Each year we get closer to finding treatment options for the rarest of diseases to the most widely occurring conditions. Without clinical trials, the development of some of the best-selling, health-transforming products that significantly impact global health challenges, such as heart disease, diabetes, and cancer would not have been possible.

Keywords: Clinical research; Pharmacology; Peer review; Evidence-based medicine; Fair market value; Master protocols (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-031-94913-5_11

Ordering information: This item can be ordered from
http://www.springer.com/9783031949135

DOI: 10.1007/978-3-031-94913-5_11

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-08-29
Handle: RePEc:spr:isochp:978-3-031-94913-5_11