How much does it cost to develop a new drug? Latest study says $2.6 billion

November 21, 2014 2:07 PM

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How much does it cost to develop a new drug? Latest study says $2.6 billion

How much does it cost to develop a drug and win FDA marketing approval?

Yet another study was just released that purports to provide a definitive answer. The latest attempt comes from the Tufts Center for the Study of Drug Development, a nonprofit think tank that maintains nearly $2.6 billion is needed to get a new drug from the lab to the launchpad.

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