[Ip-health] New Tufts study on R&D costs

Patrick Durisch durisch at ladb.ch
Sun Nov 16 23:01:00 PST 2014


1.97 billion



Best



Patrick


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-----Message d'origine-----
De : Ip-health [mailto:ip-health-bounces at lists.keionline.org] De la part de Jamie Love
Envoyé : vendredi 14 novembre 2014 18:35
À : Ip-health
Objet : [Ip-health] New Tufts study on R&D costs



Next week, a new version of the Tufts study on R&D costs will be released.



KEI will give $50 to the person who comes the closed in predicting the new figure for the cost of R&D for the lead indication of a new chemical entity.



An abstract of the earlier 2003 study,"The price of innovation: new estimates of drug development costs" is available here:



http://www.ncbi.nlm.nih.gov/pubmed/12606142





The 2003 study put the number at $802 million (not $800 million, but $802 million), in 2000 dollars.



As I said, $50 for the closest estimate, published on IP-Health, before the new number is announced (or leaked).



Jamie



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James Love.  Knowledge Ecology International http://www.keionline.org/donate.html

KEI DC tel: +1.202.332.2670, US Mobile: +1.202.361.3040, Geneva Mobile:

+41.76.413.6584, twitter.com/jamie_love

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