Report Shows Drug Development Costs Less than What Companies Say

March 7, 2020

While the pharmaceutical industry cites a $2.8 billion figure for the price of developing a new drug, a team of researchers suggests that number is far from accurate.

According to a STAT report, the researchers in an article published in JAMA suggest the figure is likely closer to $1.3 billion.

To read the full report, click here. (Paid subscription required)

Share This Story!