(those are very old numbers, btw. Prolly double now.)
At each step, about 50% attrition.
(This is why press releases finding something active #InMice is so silly.)
So it COSTS $620 million to find a new drug if everything works.
How much do pharma companies actually SPEND to find a new drug?
(So include failure costs)
Turns out about $8B per drug.
(Reported R&D costs per new drug approval)
Mike Malaska
npub1v0…vw4tq
2025-01-05 17:22:23 UTC
in reply to nevent1q…3e2t
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wss://relay.momostr.pinkPublished at
2025-01-05 17:22:23 UTCEvent JSON
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