The $11 Billion Molecule?
February 12, 2012
February 13, 2012 | Less than a decade ago, industry estimates put the net cost of bringing a drug to market hovered around $800 million. Last week, Forbes' Matthew Herper posted a new estimate of how much it costs pharmaceutical companies to bring a new drug to market. His estimate is simple: take the total number of research spending for each pharma company and divide by the number of drugs approved. The result: between $4 and $11 billion per drug, far more than any previous estimate. Forbes