3 ms·
>which covers r&d and marketing but also the failed attempts that lead nowhere in between. How do you account for the failed attempts? As yomly alludes to, ph
by yodelshady 6y ago
>which covers r&d and marketing but also the failed attempts that lead nowhere in between.
How do you account for the failed attempts?
As yomly alludes to, pharma startups exist because they don't own the risk - their investors bought it when they were funded. Big pharma does own the risk.
- beagle3 6y agoYou sum the expenditure and divide by number of successes, with some accounting for the delay. It is actually much easier than trying to figure out the cost of a specific drug, because research is sometimes shared.