2011
DOI: 10.1016/j.healthpol.2010.12.002
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The cost of drug development: A systematic review

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Cited by 415 publications
(259 citation statements)
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“…One plausible alternative is to set the user fee so that it supports the development of replacement antibiotics. Credible estimates of the development cost of new drugs range from $500m to over $1.5bn per new approved drug [47]. Antibiotics may differ systematically in their cost of development.…”
Section: Results: Setting a User Feementioning
confidence: 99%
“…One plausible alternative is to set the user fee so that it supports the development of replacement antibiotics. Credible estimates of the development cost of new drugs range from $500m to over $1.5bn per new approved drug [47]. Antibiotics may differ systematically in their cost of development.…”
Section: Results: Setting a User Feementioning
confidence: 99%
“…According to our findings, despite of thirty years of research in this area, no published estimate of the cost of developing a drug can be considered a gold standard (Morgan et al, 2011). But, estimated new drug development takes about 12 years with an estimated cost of US$500-600 million to be developed (Henry and Lexchin, 2002).…”
Section: Research and Development (Randd)mentioning
confidence: 97%
“…Estimates vary significantly, but most figures cannot be independently verified because the industry systematically refuses to disclose the underlying data for independent review. 46 Industry associations usually refer to the Tufts Center for the Study of Drug Development (CSDD) -an institute established as a result of a conference held at the Chicago School of Economics with funding from the pharmaceutical industry. 47 The CSDD's most recent estimates report drug development costs of up to 2.6 billion USD.…”
Section: The Innovation Argumentmentioning
confidence: 99%