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A comment on Ben Goldacre: Here’s the foreword to my new book, Bad Pharma. Parent comment

Re:Ben Goldacre: Here’s the foreword to my new book, Bad Pharma by rchi on Tuesday September 25, 2012 @10:40AM (#4570554)
I was taught it costs 100million dollars with one in ten chance of success
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Re:Ben Goldacre: Here’s the foreword to my new book, Bad Pharma by Alex3917 on Tuesday September 25, 2012 @10:49AM (#4570619)
That's inherently wrong, if only because there's no one who knows the actual statistics. We know that it's possible to develop a drug for less than $20 million, how much pharma actually spends is indeterminate.
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