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A feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an investigational intervention, opportunities and threats present in the healthcare and clinical research environment, the resources required to carry through, and ultimately the prospects for success.
A feasibility study evaluates the project's potential for success; therefore, perceived objectivity is an important factor in the credibility of the study. It must therefore be conducted with an objective, unbiased approach to provide information upon which decisions can be based.
A well-designed feasibility study should provide a historical background of the therapeutic area, a description of the medicine or device, details of the operations and management, marketing research and policies, financial data, legal requirements. Generally, the feasibility studies precede clinical trials and project implementation.
H&J has rich experience and enough successful cases regarding feasibility study by leveraging its strengths as one of the top full-service clinical research CROs.