linkedin post 2013-02-28 12:06:48
THIS BEAUTIFUL PICTOGRAM OF THE COST TO DEVELOP DRUGS BY BIG PHARMA is at the heart of the urban myth that discovering a new drug costs billions. While it is true for Big Pharma, it only costs that much because they are so inefficient. Small Biopharma companies can do it for 30 - 100 M USD. Do not let the incredible inefficiency of Big Pharma wrongly steal the headlines. It can, and is being done cheaply in small companies all over the world. http://lnkd.in/SNAjxE View in LinkedIn