Clinical trials are known globally as scientific methods of searching for answers in the medical world. If you are not familiar with treatment trials, feasibility studies, or screening trials, read on to learn more about the highest-paid clinical trials near you.
Many people have heard about paid clinical trials but don’t have any idea what it does and how it works. Most of them would think that people will be used as guinea pigs and do things that would affect them physically and mentally.
People have this misconception that participating in clinical trials would mean that scientists and doctors would experiment on you for the sake of science.
Let’s remove these misunderstandings and understand the truth behind clinical trials.
What is the purpose of clinical trials, and why must they do it? Is it safe? Can anyone participate in these studies?
Let’s find out more about it as we dig deeper into the world of science and how you can earn money by participating in highly paid clinical trials near you.
What Are Clinical Trials?
Clinical trials are scientific studies executed on humans that are focused on assessing medical, surgical, and behavioral outcomes. This is one of the primary methods for researchers to determine if a new treatment, drug, diet, or medical device is safe and effective.
Often clinical trials help find out if the medical treatment can improve an individual’s health. Medical treatment examples include a medical device, medical procedure, drug, or a change in a person’s behavior like diet or exercise.
Clinical trials are conducted to search for cures or prevent, screen for, detect, and treat an illness. They can even identify which medical procedure works best for a particular disease or group of people. Clinical trials generate high-quality data that can be used when making healthcare decisions.
These research studies have strict scientific rules which protect patients and help produce efficient results. So, you don’t have to worry about your safety!
Clinical trials usually take long; researchers take time to research, examine, and develop them for high chances of success. The process sometimes begins in a laboratory where scientists develop and test new ideas.
Who Can Take Part In Paid Clinical Trials?
Now that it is clear what clinical trials are, who could be eligible to take part in them? Do they have tests, or could someone just sign up with these studies? Let’s talk more about that.
We are all aware that every study has different rules about who can or cannot partake. Eligibility may depend on your age, gender, health, type of disease, treatment, history, and other conditions.
Not everyone is lucky to be picked, and you can be rejected for certain reasons such as characteristics or simply didn’t meet the qualifications.
Anyone who takes part in clinical trials is not forced and submit willingly on their own. They are what we call volunteers. Most of them have the same health conditions as diabetes, kidney disease, high blood pressure, and many more.
Patient volunteers play a big role in determining the limits of the new treatment, who can be treated, or what illness it can cure. Find out more if you are eligible to participate and help our scientists find a cure and earn money on the side at the same time.
Why Do People Participate In Clinical Trials?
Aside from looking for a cure, why do you think people want to participate in clinical trials? For a few reasons, you get to help heal people, extend their life, and give them hope. However, for some, it is more than that.
Healthy volunteers for example, partake to help others in assisting science to go forward. Participants who have an existing illness also join not just to help but also for the possibility of being given the newest treatment and additional care and attention.
Others, like me, would sign up because they need the money. I once participated in a clinical trial to develop a malaria vaccine. I got paid good money. Even though I had to get bitten by mosquitoes every couple of weeks, I didn’t mind at all.
Here are several reasons why people participate in clinical trials:
They Are Necessary
Clinical trials are a necessary way of conducting new discoveries from the researcher to the patient. These scientific studies are here to assess the effects of an experimental treatment that allows the United States Food and Drug Administration to identify whether the said drug is safe, effective, and could be publicized.
Clinical Trials Can Help Others
Every person who volunteers is essential in support of looking for preventive treatments, drugs, and cures for diseases. If you participate in a clinical trial, you contribute to the research that will bring the new medication closer to success in reaching patients anywhere in the country.
Clinical trials are one of the final stages in advancing science that focus on diseases or illness and some other areas of science.
It Can Save Your Loved Ones
Doing clinical trials saves other people who have chronic illnesses and those who have rare diseases or newly discovered viruses. Volunteering could end up helping your loved ones, too, improving their health and adding days to spending time together.
With these medical studies, anything could be possible. By participating, you also make it attainable for the new treatments to work and could even lead to a cure.
Clinical Trials Give You The Right To New Treatments
One of the advantages of joining a clinical trial is it gives you access to experimental or groundbreaking treatment options. And also the benefit of having a medical team monitors you carefully with your overall health. What more can you ask for?
Clinical Trials Participants From All Backgrounds Can Participate
Anyone is important for doing clinical trials. Participants from all backgrounds are necessary as several conditions are more frequent within a specific community. No matter what your age, race, gender, or history you have, they need you!
How Safe Is Participating in Clinical Trials?
Research studies conducted in the United States are supervised by a government agency called the Food and Drug Administration (FDA). Every study is evaluated, approved, and observed by an independent panel of qualified doctors, researchers, and members of the Institutional Review Board (IRB).
The review board secures your rights, safety, and welfare. They also ensure that the health risks involved are minimal.
Remember that no treatment is completely safe for everybody, but the clinical trial can help ensure that it outweighs most people’s possible risks.
Before testing the new treatments on humans, it will first go through years of research in laboratories, then followed by testing in animals such as mice or rats. After completing each phase of research, the clinical trial team will submit an Investigation New Drug (IND) application to the Food and Drug Administration.
The Food and Drug Administration will review the results and decide whether the new drug can proceed to the next phase with the ethics committee. Once it is approved for human testing, the new treatment will be tested in a small group of people from 20 to 100.
6 Highest Paid Clinical Trials Near Me
There are many clinical trials you can choose from. However, only a few of them fall under the highest-paid clinical trials.
We have narrowed it down for you, check our top 6 highest paid clinical trials near you.
1. Plasma Renin Activity; Phosphoribosylamine (PRA) Health Sciences
Plasma Renin Activity PRA health sciences is a global healthcare intelligence partner with everything you need to take your assets from concept to compound to cure. It is a contract research organization (CRO) located in Raleigh, North Carolina. It was founded in 1976 as an anti-inflammatory drug study group.
Later in 1982, it was renamed Plasma Renin Activity Phosphoribosylamine (PRA) and expanded to other areas besides inflammation like therapeutic studies. They have 90 facilities in different cities and countries like Japan, China, India.
Plasma Renin Activity’ Phosphoribosylamine (PRA) is a study for healthy, non-smoking men and women ages 18 to 45. Participants must be available for 1 stay of 36 nights, 1 stay of 2 nights, 6 outpatient visits, and 4 phone calls.
Qualified participants may earn up to $17,550 within study-related time and travel.
2. Covance
Now known as the Labcorp Drug Development, Covance is a global life sciences company that gives contract research services to drugs, medical devices, diagnostics, crop protection, and chemical industries.
They produce comprehensive drug development solutions and are on a mission for more advanced health and power clear, assertive decisions.
Covance is also a global leader in non-clinical safety assessment, clinical trial testing, and management services such as toxicology studies, central lab testing, and analysis services.
3. Oral Medication Trial In Atlanta, Georgia
Atlanta Center for Medical Research (ACMR) is looking for healthy volunteers who are incapable of conceiving because of age, behavior, or surgical sterilization. Smokers are excluded, and volunteers must be willing to forbear from alcohol, caffeine, and grapefruit products for two weeks.
Their study requires you to take an oral medication for 10 days as an inpatient, with five follow-up clinic visits.
If you qualify for the study, you will be paid $50 for the screening visits. After that, participants will receive $200 every day in the hospital and $75 for each follow-up clinic visit.
4. ClinicalTrials.gov
ClinicalTrial.gov is a popular registry of various types of clinical trials, it is managed by the United States National Library of Medicine at the National Institutes of Health. It is the most extensive database for clinical trials with over 329,000 trials from 209 countries.
ClinicalTrials.gov is funded by The National Institutes of Health (NIH). They are widely known to give funding to conduct clinical trials that involve testing on humans. These studies deliberately assess the side effects of the drugs or medical devices by the Food and Drug Administration (FDA).
5. National Cancer Institute(NCI)
President Franklin D. Roosevelt signed the National Cancer Institute in the National Cancer Act of 1973. It was created as the federal government’s primary agency to address research and training to diagnose and treat cancer.
The National Cancer Institute is part of the National Institutes of Health (NIH), one of 11 agencies that form the Department of Health and Human Services (HHS). The National Cancer Institute widely accepts Cancer-related clinical trials in their pursuit to fight cancer.
People can browse through their website to find a lot of helpful information on cancer and the results of the clinical trials they have sanctioned. Regardless of whether you just want to find information on cancer or someone you know is undergoing cancer treatment, you will be able to find relevant news about cancer.
6. Injection Device Trial In Baltimore, Maryland
For those who are looking in Maryland, there is one institution in Baltimore that seeks non-smokers volunteers between ages 18 and 55 years old. This test is about the new injection device that is to administer Cimzia, a new drug that relieves symptoms of rheumatoid arthritis, Crohn’s disease, and other conditions.
The requirement is you should at least weigh 110 pounds and have a body mass index between 18 and 28. The test requires 2 screening visits, 1 of an 8-day hospital stay, and 7 follow-up visits. Once you complete the study, you can receive up to $5,100.
Frequently Asked Questions – Highest-Paid Clinical Trials
Do I Always Get Paid?
Clinical trials usually compensate you between $50 up to $300 per day or visit the facility. The payment depends on the length of time the study lasts as well as the procedures performed. Overnight stays generally pay more money than with those repeat visits.
The more invasive the procedures, the more you will earn. Besides being compensated in cash, you can also get more major benefits when participating. To start with, clinical trials require the participant to go through a physical examination. Finding out your overall health allows you to be updated at no cost.
Will I Qualify For These High-Paying Clinical Trials?
All the conducted clinical trials have guidelines with a set of lists about who can participate in the study. These are called the eligibility criteria, the factor that lets you participate in the clinical trial. These are age, gender, the type and stage of your disease, previous treatment history, and other medical conditions.
Following the eligibility criteria helps us keep you safe and ensure that the researchers learn all the information they need for the study.
What Can I Expect From These Studies?
Taking part in the clinical study, you will have to disclose your information and medical history to the researchers. Aside from that, you will have to be qualified first with your chosen study, once you meet the criteria, you will proceed next for a screening and consultation.
Rest assured that all the information you shared with them will be kept confidential at all times. Joining the said study will not require you to pay for the physical exam such as height, weight, blood pressure, electrocardiogram, blood, urine analysis, and other diagnostic tests required.
If you’re worried about paying for the health exam if you didn’t qualify, you don’t have to. Whether you are eligible for the study or not, clinic staff will contact you and let you know about your results. They will also be the ones who will notify you if you still have additional examinations.
A medical professional will let you know about the parameters of the clinical research study, which includes any known side effects associated with the medicine being studied. If you have any questions, the medical professional will also be the one who will answer all of them.
Once it becomes clear to you what the study is about and its guidelines they will ask you to sign an informed consent stating that you have agreed to participate.
All the information you have provided with the clinic, including medical records, is confidential, as the law requires.
Other Ways To Make Money
Clinical trials may be overwhelming for some of us, and of course, not everyone is on board to partake in any studies that would compromise our health or way of life, and for that, there are tons of other ways to make money.
Here are several ways to earn extra cash, just as with clinical trials:
Start A Blog
One well-known way to make money online is blogging. People who start a blog are those who love writing and are passionate about it, which is a niche focus. Examples of a blog are personal finance, selling stuff online, cars, dropshipping, online product reviews, toys, and many more.
Starting a blog is easy and can be done in 15 minutes. There is a wide selection of platforms to choose from Shopify to WordPress. When making a blog, focus on a particular keyword that will continue to expand into other related categories as you grow and dominate new spaces.
We like Bluehost and can recommend it to you. We have a discount link which means you temporarily get your blog for just $60, including a free domain name! Sign up for Bluehost here to get your discount.
Freelancing
Doing freelance jobs also is a quick way to earn money, even if you have a full-time job. Popular niches that are in demand in the freelancing world are administrative assistant, graphic designer, writer, online teaching, web developer.
These are the types of niches that you can market and that will let you earn extra cash. Freelancing has a wide range of options to choose from, and you just have to find the one you will enjoy working on.
You can find freelance jobs on websites like Upwork, Freelancer, Fiverr, and many more. For more niches, you can read more on our article 12 high-income skills that will make you money.
Start A Youtube Channel And Become A Vlogger.
The most popular method nowadays to earn money is by starting a YouTube channel and becoming a vlogger. Many people make money with YouTube, and some of the highest-paid YouTubers to inspire you are 7-year-old Ryan, Dude Perfect, Demolition Ranch, and many more.
Learn more on how YouTubers make money and start your own. One key to having a successful YouTube channel is that you should focus on a single niche in that way, you can build a robust and loyal audience.
One example is to do video streaming. Many people are watching videos about people sharing their gaming sessions, and these could also add to your ways of making money as people are earning a lot when they do Twitch streaming.
Be An Online Tutor Or Teacher.
If starting an online career is what you want, becoming an online teacher or tutor is also an excellent option. Being an online teacher, you have the benefit of choosing your own hours and how many students you can take.
There are many companies that offer online teaching, but only a few have the best offer. To avoid dealing with delay and uneasiness, you can check our article about the 37 best online tutorings you can try.
Aside from online teaching, you can also do virtual assistant jobs online! Here are the 60 best virtual assistant jobs for beginners and pros.
Speaking of staying at home, don’t let boredom strike you; you can still earn money even at home. Here are the 33 best stay-at-home jobs that pay well. Start earning money in the comfort of your home.
Review Websites, Apps, And Software
Are you one of those passionate users that share their experiences? Then you can use that to earn extra cash by giving out your review on websites, apps, and software. Usually, user testers are paid $10 for every review they write on the feedback sections.
This is also one of the fastest ways to make money online, for starters, you will be given a set of questions that you have to answer as you browse through their website or apps.
For every video review, you make you will be given $30, there are often times that it can become pretty competitive so you have to act fast when a new website or app is added to your list to be reviewed. We have written 23 sites that will pay you for testing websites and apps.
If you are still looking for ways to earn more money, you may check these out:
- Selling photos online is a fun way to make a couple of extra bucks.
- Sign-up with Sweatcoin and get paid by walking. Check our full Sweatcoin review for more details.
- Earn extra money while driving by signing up with DoorDash today! Read our full DoorDash vs. Postmates review to know which one suits you.
- Sign-up with HealthyWage and make money while losing weight. Here is our HealthyWage review for you to check out!
- If you are more into online shopping, try apps that give rewards and cashbacks to save more money. Check Rakuten, InboxDollars, and Ibotta to name a few.
Ultimately – Highest-Paid Clinical Trials
Clinical trials are important scientific studies in finding cures, diagnoses, preventions, and treatments for issues and diseases in our lives.
More importantly, it is a way of advancing science. They perform different procedures and experiments that can span years of scientific studies. This is to test out effectively on humans to know the side effects, safety, and effectiveness of these potential breakthroughs in science. All in the name and betterment of our daily lives.
You don’t have to worry about privacy and your welfare before you begin, you will have to undergo a lot of processes, and meeting the criteria is the first thing you have to pass in order to proceed. Medical professionals and clinic staff members will tend to you.
So participating in a clinical trial ensures your confidentiality, health, and, most significantly, your wallet once you finish all your obligations in the study.
Participating in an extensive study will help other people and your loved ones improve their overall health and prevent more death cases with these unknown or rare diseases.
So, this is not entirely for financial gain, but, more importantly, you will do your part to advance everyone’s lives as well.
Marjolein is a financial consultant who has built over €4,000 monthly passive income and saves over 70% of her income. Read Radicals’ inspiring story, from stuck in the 9-to-5 to loving life. Feel free to send Radical a message at the bottom of this page
I’m looking forward to learning more about paid research studies
Thanks Pam!