pharmaphollower’s Comments

• Mar 30th, 2011 @ 9:06am

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  on Drug Companies Overestimate Cost Of Developing A New Drug By Merely $1.26 Billion
  I think if you take a myopic view and say "how much did it cost to develop this particular drug" you probably do get a much smaller number. But I think you would find the number is a lot higher if you factor in the cost of all the development and trials of candidates that never make it to market, and you have to do that to get a fair number. I don't agree with adding opportunity cost, but asking how much it cost to develop just one drug is just as wrong.