The R&D Cost of a New Medicine
Abstract
The cost of R&D for a successful new medicine has been an important policy issue at least since the 1960s. Cost estimates matter not just because of intellectual curiosity or for industry understanding of its performance, but because they are a key aspect of the international debate about the reasonableness of pharmaceutical prices and the magnitude of the long-term investments involved. This publication reviews research published over the last...
Paper Details
Title
The R&D Cost of a New Medicine
Published Date
Jan 1, 2012
Journal
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Notes
History