Cost to Develop New Pharmaceutical Drug Now Exceeds $2.5B

A benchmark report estimates that the cost of bringing a drug to market has more than doubled in the past 10 years. CSDD’s finding, a bellwether figure in the drug industry, is based on an average out-of-pocket cost of $1.4 billion and an estimate of $1.2 billion in returns that investors forego on that money during the 10-plus years a drug candidate spends in development. 

To find out more on this topic, please make sure to read the Scientific American article titled, "Cost to Develop New Pharmaceutical Drug Now Exceeds $2.5B".

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