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Home » Study Finds Average Cost of $1.3 Billion for Drug R&D
Study Finds Average Cost of $1.3 Billion for Drug R&D
Drugmakers spend an average of $1.3 billion in research and development costs to get a new medicine to market, according to a new study reported in JAMA this week, a number considerably lower than a 2016 Tufts report citing development costs of $2.8 billion.