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Texas Research Institutions Conducted Over 8,200 Clinical Trials of Medicines Since 1999
Date:3/25/2013

WASHINGTON, March 25, 2013 /PRNewswire/ -- Working in collaboration with university medical schools and science centers, local hospitals and clinical research facilities, America's biopharmaceutical companies have conducted more than 8,200 clinical trials of new medicines in Texas over the last 13 years, according to a new report by the Pharmaceutical Research and Manufacturers of America (PhRMA). The report – "Research in Your Backyard: Pharmaceutical Clinical Trials in Texas" – was released today at a news conference with Sen. Bob Deuell , (R - Greenville), Rep. Jim Murphy , (R - Houston), Tom Kowalski , President, Texas Healthcare and Bioscience Institute and Dr. Curtis Triplitt , Asst. Professor, Diabetes/Medicine, the University of Texas Health Science Center at San Antonio Texas Diabetes Institute, in the Lt. Governor's Press Conference Room at the State Capitol.

The report findings show the state's clinical tests of new medicines have been beneficial to patients, the advancement of science and the economy.

"Improving health is a shared goal of biopharmaceutical companies and state medical schools, hospitals and clinical research facilities. Through clinical trials, they are not only helping advance science and improve patient care, but also strengthening Texas' economy," said Jeffrey Bond , Senior Vice President, PhRMA. "When you consider that clinical trials account for 45 to 75 percent of the average $1.2 billion needed to develop a new medicine, there is greater appreciation for not only the health benefits generated from clinical trials, but also the economic benefits to the state."

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SOURCE Pharmaceutical Research and Manufacturers of America (PhRMA); Texas Healthcare and Bioscience Institute (THBI)
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