Dear Friends:
I read the following info on current estimates of drug development, but am not sure the figures mentioned are updated/correct one.
Current Estimates of Drug Development
ü * Of 12,000 compounds made and tested, 1 becomes a marketed drug.
ü * Average cost per marketed drug are $150-180 million dollars.
ü * Average development time per drug is 8-10 years
Could you please send me your views on the current estimate (and with some comments like the cost including/excluding
on multitude dead-ends in a given project) on these three points. Thanks in advance.
With regards
S Parthiban
Received on 2002-06-27 - 05:20 GMT
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