JSM Preliminary Online Program
This is the preliminary program for the 2007 Joint Statistical Meetings in Salt Lake City, Utah.

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Activity Number: 334
Type: Contributed
Date/Time: Tuesday, July 31, 2007 : 2:00 PM to 3:50 PM
Sponsor: Biopharmaceutical Section
Abstract - #309339
Title: Adaptive Design and Decision Analysis: Companions for Transforming Clinical Development
Author(s): Andreas Sashegyi*+
Companies: Eli Lilly and Company
Address: 450 E Ohio Street, Indianapolis, IN, 46204,
Keywords: Adaptive Design ; Decision Analysis ; Clinical Trials
Abstract:

As the traditional drug development paradigm becomes increasingly less sustainable given today's challenges and expectations for the future, regulatory agencies and pharmaceutical developers are taking steps in support of modernizing and increasing the efficiency of drug development. Adaptive clinical trial designs have received much recent attention, holding considerable promise as a means of improving efficiency. In parallel, structured decision analysis as a discipline in its own right has the potential for more widespread application in clinical development than is currently witnessed. We highlight the natural connection between principles underlying both adaptive design and decision analysis, and offer practical examples of the synergistic application of these two methodological frameworks, emphasizing that the latter may be seen as an enabling tool for the former.


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Revised September, 2007