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The Cost Of Drug Development: Can We All Just Agree It’s Expensive?

 
• By Michael McCaughan

A new study has re-opened the debate over whether drug development is really as expensive as Big Pharma says it is. Here’s why industry should embrace the study despite its flaws.

Man crushed by Pill

What is it about estimates that quantify the high cost of drug development that seems to get everybody so worked up?

It is now one of the many recurring subthemes in the debate over drug pricing. The pharmaceutical industry publicizes estimates of how expensive drug development is to help justify high...

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