How Are New Medications Developed?
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Published at : 30 Nov 2020
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Scientists are constantly looking for cures and treatments for a number of diseases, but how do these cures get turned into drugs?
Why Are Prescription Drugs So Expensive? ►►►►
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Cost to Develop New Pharmaceutical Drug Now Exceeds $2.5B
"A new report published by the Tufts Center for the Study of Drug Development (CSDD) pegs the cost of developing a prescription drug that gains market approval at $2.6 billion, a 145% increase, correcting for inflation, over the estimate the center made in 2003."
CEO Martin Shkreli: 4,000 percent drug price hike is 'altruistic,' not greedy
"Martin Shkreli - the embattled chief executive of Turing Pharmaceuticals who has been criticized in recent days for raising the price of a 62-year-old drug by more than 4,000 percent overnight - has been misunderstood."
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