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Latest R&D Spending Benchmark Study Puts Cancer Drug Costs At $648M

 
• By Cathy Kelly

Estimate in JAMA paper is significantly lower than often-cited $2.6bn in research and development costs projected in a 2014 study by Tufts Center for the Study of Drug Development.

female scientist working with microscope

The cost to successfully research and develop a cancer drug is $648m, according to an analysis by Vinay Prasad, Oregon Health and Science University, and Sham Mailankody, Memorial Sloan Kettering Cancer Center, published in the Journal of the American Medical Association Sept. 11.

The study represents the latest attempt to calculate the cost of biopharma R&D and how it relates to drug prices...

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