4 ms·
> I think Ozempic cost somewhere around $3 billion to research and develop Sure. But how much of that was invested by the company and how much of it came from
by DarkNova6 2y ago
> I think Ozempic cost somewhere around $3 billion to research and develop
Sure. But how much of that was invested by the company and how much of it came from public research grants?
- llamaimperative 2y agoPublic research grants are mostly for super early stage pre-clinical stuff which isn’t really the expensive part of drug development. The expensive bit is testing it in humans.
- bdzr 2y agoNot a lot. https://www.science.org/content/blog-post/rep-ocasio-cortez-and-where-drugs-come https://www.science.org/content/blog-post/rep-ocasio-cortez-...
- throwup238 2y agoNovo Nordisk has been the one funding GLP-1 research since the 1990s. It got started manufacturing insulin in the 1920s so that kind of research was right up its alley. It’s controlled by a charitable foundation too. Sadly they’ve got a strong claim to being the ones responsible for the basic research here, which is exceedingly rare in pharma. Their latest drugs like Ozempic are the result of decades long research.