4 ms·
It seems that the development of drugs is such an incredibly expensive investment that you need to grant a limited monopoly to the developer so that he can reco
by serichsen 15y ago
It seems that the development of drugs is such an incredibly expensive investment that you need to grant a limited monopoly to the developer so that he can recoup on it.
- ig1 15y agoAverage cost to bring a new drug to market is around $1.5 billion
- tobylane 15y agoDrug production is (to oversimplify, please correct) to blindly create millions of combinations, test the successful-looking versions on rats, cats and people, and produce billions of the drug. I wonder how the money is split between those tasks.
- ig1 15y agoThe biggest expense is typically human clinical trial where you're looking at a figure in the high hundreds of millions.