3 ms·
I'm probably taking you too literally but companies can't spend infinite amounts because they don't have infinite money The upper bound is actually very releva
by aaavl2821 9y ago
I'm probably taking you too literally but companies can't spend infinite amounts because they don't have infinite money
The upper bound is actually very relevant. Those $300M studies are cardiovascular outcomes studies, which are required for many diabetes / cardiovascular drugs, and those expensive studies have basically stifled innovation in those areas because the cost of developing those drugs is too high compared to the expected profits
Not sure I understand the statement that the only thing that matters is how much the least expensive drug approvals cost?