Estimating the cost of new drug development: Is it really $802 million?
Estimating the cost of new drug development: Is it really $802 million?
复制标题
DOI:
10.1377/hlthaff.25.2.420
复制
发表时间:
2006-03-01
期刊:
影响因子:
9.7
通讯作者:
Brantner, VV
中科院分区:
文献类型:
--
作者:
Adams, CP;Brantner, VV
This paper replicates the drug development cost estimates of Joseph DiMasi and colleagues ("The Price of Innovation"), using their published cost estimates along with information on success rates and durations from a publicly available data set. For drugs entering human clinical trials for the first time between 1989 and 2002, the paper estimated the cost per new drug to be $868 million. However, our estimates vary from around $500 million to more than $2,000 million, depending on the therapy or the developing firm.