Pharma - Busting The R&D Myth


Active member
Big Pharma has consistently used the argument that it costs over a billion dollars to discover a new drug, as justification for monopolies granted in the form of patents, and for the high prices of new drugs. But realistic calculations put drug discovery costs between $200 million and $400 million. The billion-dollar question then is whether the high-cost of R&D is really as high as it's made out to be.

For complete details visit this link

Busting the R&D myth - Times Of India


Staff member
How can anyone estimate the cost of "discovering" something?

The costs for pharma companies vary widely depending on how many failures the companies face before actually discovering a drug that works.