3 ms·
Where did the $850 million to bring the drug to market go? What is that spent on? The drug or chemical itself is often discovered somewhere else, in say a uni
by theprop 9y ago
Where did the $850 million to bring the drug to market go? What is that spent on? The drug or chemical itself is often discovered somewhere else, in say a university lab financed by the NIH, then licensed to a company. Rarely are the subjects of testing compensated for being guinea pigs for the drugs. There are also not that many doctors overseeing the trials.
- spullara 9y agoEach person in the clinical trials of which there are at least 3 phases costs 20-30k for most drugs.
- theprop 9y agoThat's payments to the patient for trying the drugs??
- HappyTypist 9y agoYes, I participated in one clinical trial as a 'volunteer' and I was paid for it.
- afarrell 9y agoI would imagine that the costs are for: - Paying someone to monitor progress - Insurance against the possibility that the drug seriously harms them - Administration for communicating with them - Advertising of the trial to recruit them - Paying them cash directly for their troubles
- spullara 9y agoThis is more like the list of costs. Missing from this list are the doctors that prescribe and deliver the treatment.