Nature Medicine | Spoonful of Medicine

The price of failure: New estimate puts drug R&D in the billions per agent

The analytical fisticuff over how expensive research and development is for pharmaceutical companies flared up again today with a new estimate that pegs the cost of inventing a new medicine at well over the $1 billion price tag often tossed around in the industry. After factoring in money spent on drug failures, Bernard Munos of the InnoThink Center for Research In Biomedical Innovation says that the average cost to bring a drug to market closer to a staggering $4 billion. 


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