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Epic Fail: The staggering cost of inventing new drugs
Forbes staff writer, Matthew Herper, and statistics editor, Scott DeCarlo, make a rigorous analysis of the actual cost of inventing a new drug. They have found that the average drug developed by a major pharmaceutical company actually costs at least $4 billion. The price can soar to as high as $12 billion! The main source of the expense falls to failure, not clinical trials or other factors. (Source: Forbes, 2/22/2012)

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