As we close the door on 2022, we know the Clinical Research Studies we conducted, the information we helped gather, and the milestones we checked off are just a glimpse of what is to come in 2023. Let’s reflect on the highlights and accomplishments of last year in our 2022 recap.\
Importance of Clinical Research in 2022
Clinical research is an essential component in how we approach healthcare and the clinical process as a whole. Medicines, treatments, vaccines, and more are all subject to intense research and testing before becoming available to the general public.
QPS Missouri is proud to be a part of that process. From clinical research studies conducted here to home, we were able to accomplish a lot in 12 months.
2022 Recap by the Numbers
QPS Missouri paid out more than $4.5 million in stipends to local clinical research participants in 2022, with $1.5 million being paid out in the fourth quarter alone.
That is, to put it mildly, a lot of money, all going into the pockets of people in the local area who volunteered their time to participate in our studies.
Clinical Research Studies That Pay
In 2022, we conducted more than 100 studies, some of which remain in process, as ongoing studies didn’t stop with the calendar turn. The highest-paying study netted qualifying participants $20,000.
As stated above, we paid out more than $4.5 million in 2022 to members of the local community who participated in these studies. Pharmaceutical and biotech companies then use the data collected to develop new and existing pharmaceutical products.
Since the participants are all local, the money they receive is funneled right back into the local economy. This has been the case for nearly 29 years since QPS Missouri opened its doors and began conducting clinical research studies in 1994.
In fact, over the course of our time in Springfield, we have seen more than 50,000 study participants and conducted more than 2,000 FDA-regulated studies. Those participants have received a cumulative $50 million for their time and involvement.
And with $4.5 million of that $50 million being issued last year alone, it’s easy to conclude that 2022 was a big year for us. Nearly 10% of our lifetime stipends were awarded within a 12-month period.
2022 Taught Us That We Need You
It’s easy to focus on the numbers, but truly, it’s the participants who make these studies possible. They are the ones who help advance drug research, leading to medical breakthroughs and the development of crucial, even life-saving medications and treatments.
With as important as this research is, QPS is honored to be a part of providing members of our local community with supplemental income for their participation.
Expansion of Our Clinical Research Facilities
In many ways, 2022 was a watershed year for QPS Missouri—not only in the amount of research we were able to facilitate, and the stipends provided to our participants, but in our footprint within Springfield itself.
In July, we expanded to a second location. The new, 11,000-square-foot state-of-the-art screening and recruitment facility became the latest of our local landmarks, joining the five independent clinics, pharmacy and retention area, and multiple housed on our Springfield campus.
We also have more than 240 beds and a 2,500-square-foot negative pressure room to accommodate on-site, in-patient clinical testing.
What’s Next for Clinical Research in Springfield?
It’s safe to say that 2022 was a banner year for QPS. We saw an 80% increase across the board, and anticipate that 2023 will continue this trend, exceeding even these numbers, along with the opening of our new central and local safety laboratory.
Again, none of this would be possible without the local participants who have helped make our studies a success. We look forward to another successful year of helping supplement the income of qualified participants and furthering the important, life-saving research we conduct every day.
If you’re interested in participating in an active-controlled trial, fill out an application form. We’ll be in touch if we have a study for which you would be a good fit!
