Research and development spending to bring a single cancer drug to market and revenues after approval
JAMA Internal Medicine Nov 10, 2017
Prasad V, et al. - The purpose of this study was to yield a contemporary estimate of research and development (R&D) spending to develop cancer drugs. It was determined that the cost to develop a cancer drug was $648.0 million. This was substantially lower than prior estimates. The revenue, since approval, was significant (median, $1,658.4 million; range, $204.1 million to $22,275.0 million). Hence, a transparent estimate of R&D spending on cancer drugs was obtained in this trial. It displayed implications for the current debate on drug pricing.
Go to Original
Only Doctors with an M3 India account can read this article. Sign up for free or login with your existing account.
4 reasons why Doctors love M3 India
-
Exclusive Write-ups & Webinars by KOLs
-
Daily Quiz by specialty
-
Paid Market Research Surveys
-
Case discussions, News & Journals' summaries