u/Upwithstock aka MLAB laid out his rationale here
Post# of 148112
Quote:
"So, I am making an informed assumption that each blood test for the 90 participants in the HIV Chronic Inflammation trial is going to be close to $20K - $25K. Let us start with $20K per patient per test. That is $1.8 million. I believe that at a minimum CYDY will have to do a baseline test, an interim test at 12 weeks, and a final test at 24 weeks. That puts our test total at $5.4 million. This does not include any funding towards the institution (clinic) administering the blood tests and administering the LL doses. Plus, hiring the CRO to make sure study protocols are followed and all electronic files are updated and in compliance with FDA standards. Lastly, somebody has to pay for the DSMB, and that is always the sponsor and I have no idea what those folks get paid. Therefore, my final estimate is this trial will cost CYDY anywhere from $6.0 mil to $6.5 mil."
I doubled it.