The cost of prescription drug advertising is about to get higher; but the future of direct-to-consumer ads could also get more secure.. The Food & Drug Administration and pharmaceutical industry advertisers have agreed on a new user fee program to support preclearance of television commercials. Although there are no final numbers yet, it looks like advertisers can expect to pay an average of $400,000 apiece to participate in the program.
The new program, which was announced as part of FDA’s Prescription Drug User Fee Act reauthorization proposal, would add 27...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Pink Sheet for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?