At 09:41 PM Tuesday 10/28/2008, Jon Louis Mann wrote: > > To bring a new drug to market, with all of > > the drugs that fail at some point during > > the development and testing process, often > > costs the company on theorder of $1 billion > > before they sell one pill or treatment, > > much less making a profit. > > Do you have any suggestions how to reduce the > > cost for the "enormous profits" you mention > > without impacting R&D for new medicines? > > . . . ronn! :) > > > >i'm not aware that it costs that much, and if it does, that is way too much.
A brief summary, from <http://www.timesonline.co.uk/tol/news/world/article586840.ece>: "$1bn cost to bring a new medicine to the market […] For every 10,000 chemical compounds under development, one will be approved for sale to the public. It will take between 10 and 15 years to develop, leaving its owners less than five years before generic drug makers are allowed to produce a cheaper version. In those five years, a drug developer must make enough profit to recover costs and replenish its research budget." Here's a longer one, from 2003: "Total Cost to Develop a New Prescription Drug, Including Cost of Post–Approval Research, is $897 Million" <http://csdd.tufts.edu/NewsEvents/RecentNews.asp?newsid=29> . . . ronn! :) _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
