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The Complexities, Cost of Midwest Biotech Drug Development

nt to 80 percent of the cost and about 60 percent of the time to develop a drug is in the clinical phase of development (testing in humans), it is critical to ask this question up front before even starting clinical trials.

It has been said that it costs up to $800 to $900 million for Big Pharma to develop a successful drug. That is a higher amount than you are citing. Why?
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Source:wistechnology.com By Michael Rosen 11/24/03


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