Healthy Skepticism Library item: 9697

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

Publication type: Journal Article

Dickson M.
Key factors in the rising cost of new drug discovery and development
Nature Reviews Drug Discovery 2004; 3:(5):417-429

Abstract:

The public desire for new therapies, their increasing cost and the increased role of government as a payer for innovative new drugs all converge on the issue of the rapidly rising cost of new drug development – now thought to be greater than US $800 million – and highlight the necessity for an efficient use of resources. With this in mind, here we review studies on the cost of developing new drugs and consider how this cost has, and could be, affected by the changing environment for pharmaceutical research and development.