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Re:The Price of Remission by mikeyouse on Saturday May 10, 2025 @04:21PM (#43948663)
Phase 3 trials don’t cost $1B - they’re more on the order of $20M.
Re:The Price of Remission by nradov on Saturday May 10, 2025 @04:47PM (#43948865)
Sorry I should have been more specific. Average total cost to bring a new drug to market is on the order of $2B.

https://www.fiercebiotech.com/biotech/drug-development-cost-...

Re:The Price of Remission by throwawaymaths on Saturday May 10, 2025 @11:38PM (#43951150)
yes, that includes failures, which includes shit that a beginning grad student could tell you wouldn't work.