4 ms·
How many of these cancer drugs are made by bio-tech startups, exactly?
by mercurial 11y ago
How many of these cancer drugs are made by bio-tech startups, exactly?
- deleted 11y ago[deleted]
- danielweber 11y agoThese don't break it down by "start-up" but: http://pipeline.corante.com/archives/2010/11/04/where_drugs_come_from_the_numbers.php http://pipeline.corante.com/archives/2010/11/04/where_drugs_... 58% from pharmaceutical companies. 18% from biotech companies.. 16% from universities, transferred to biotech. 8% from universities, transferred to pharma. Pharma and biotech companies do develop some drugs themselves, but the majority model is for a start-up to form around a single drug, and if it looks promising a big player buys them up to finish testing and then market it. If the drug looks promising the company is killed. Venture capital is basically doing the job of drug discovery.