Big retailers expanding into health care delivery increasingly see a growth opportunity tapping their huge customer bases to recruit participants into clinical trials. The moves by Kroger, Walgreens and Walmart, among others, could create a more diverse pool of subjects and expand access to cutting-edge treatments. But there are concerns, including whether there are enough safeguards to protect sensitive patient data. Analysts have mixed views about retailers’ forays into the business. While patient recruitment isn’t as lucrative as other business lines, life science companies have cash and are looking for partnerships, Peter Bonis, chief medical officer at Wolters Kluwer Health told Axios.
Read the full article: Retailers Seek to Shake up Clinical Trials Business //
Source: https://www.axios.com/2023/07/10/retailers-shake-clinical-trials-business