[Ip-health] From Charles Clift: RE: Mohga Kamal-Yanni: $1.8 billion, for New Tufts study on R&D costs
thiru at keionline.org
Sat Nov 15 07:04:34 PST 2014
From: Charles Clift
Sent: 14 November 2014 22:51
To: 'Jamie Love'; 'Ip-health'
Subject: RE: [Ip-health] Mohga Kamal-Yanni: $1.8 billion, for New Tufts
study on R&D costs
Out of pocket costs in 2003 were $402 million in 2000 dollars - that would
be $520 million in 2011 dollars. Approval rates were lower on average in
2000-2010 than the previous decade. Cost of capital - who knows what
assumptions they make? But should be lower. Many other assumptions and
guesstimates will have been made.
On that basis $1157 million in 2011 dollars.
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