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.
[ Parent
| on HN ]
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.