You Won't Believe How Much it Costs to Make One New Drug
by Maria Donnelly on Apr 29, 2014 | Views: 100 | Score: 0
| Median R&D cost per drug | |
|---|---|
| 1 | 351 |
| 2-3 | 1803 |
| 4-6 | 5152 |
| 8-13 | 5469 |
Number of drugs approved
USD in millions
Sources:
forbes.com
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A new study found that the cost of creating a new drug by one company is around $350 million. Companies working on multiple drug projects at once spend approximatley $5 billion. Click read the article to find out why these numbers are so ridiculously high and what is being done to lower them.