linkedin post 2013-05-08 21:56:27
OH PLEASE! THE URBAN MYTH OF THE COSTS TO DEVELOP A NEW DRUG perpetuates itself dishonestly. It only costs 1 Bn in bloated inefficient Big Pharma with huge carrying costs. But even this number is padded. Do they pay these sums for in-licensed drugs? Rarely. Usually these licenses are hundreds of millions, which pays back the investors in the licensee company very handsomely. You cannot talk out of both sides of the mouth and retain credibility, except with gullible reporters! Let's keep the dialogue honest!! View in LinkedIn