2013
DOI: 10.1586/14760584.2013.850035
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Vaccine development costs: a review

Abstract: The cost of drug development is commonly cited between US$800 and US$1.8 billion. A similar statistic for vaccines is yet to be estimated, and it is unclear whether the cost of vaccines is similar to drug development. Financial and regulatory policy significantly impacts the extent and cost of pharmaceutical development, and as such it is important that governments should be informed about the costs of developing vaccines. The purpose of this paper is to review the concept of drug and vaccine R&D costs, to rev… Show more

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Cited by 16 publications
(15 citation statements)
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“…For a back-of-the-envelope calculation, we assume that the cost per subject in a phase 3 vaccine efficacy trial is around US$5,000. This suggests a cost of US$150M for a study with 30,000 subjects, close to that estimated for rotavirus vaccines [54] in one of the very few studies that estimate the cost of vaccine development [55]. The figure is very high as compared to the median expense of a phase 3 trial for novel therapeutic agents, estimated to be US$19M [56].…”
Section: Efficacy Analysismentioning
confidence: 67%
“…For a back-of-the-envelope calculation, we assume that the cost per subject in a phase 3 vaccine efficacy trial is around US$5,000. This suggests a cost of US$150M for a study with 30,000 subjects, close to that estimated for rotavirus vaccines [54] in one of the very few studies that estimate the cost of vaccine development [55]. The figure is very high as compared to the median expense of a phase 3 trial for novel therapeutic agents, estimated to be US$19M [56].…”
Section: Efficacy Analysismentioning
confidence: 67%
“…Developing a vaccine from concept to market costs $200‐$500 million, and takes 5–18 years . Additionally, it costs an estimated $50‐$700 million to construct, equip, and commission a vaccine manufacturing facility, taking on average 7 years, while the lead time to manufacture a vaccine ranges between 0.5‐3 years …”
Section: Introductionmentioning
confidence: 99%
“…Conventional vaccine development takes on average 8 to 14 years and costs 0.55 to 1 billion USD, [13][14][15][16][17][18][19][20][21][22] as illustrated in Figure 1. Fast-tracked regulatory processes implemented for emergency response to pandemics can cut the duration of pre-clinical and clinical development to 0.8 to 1.5 years if patient recruitment and testing can be carried out rapidly.…”
Section: Development Timelinementioning
confidence: 99%
“…A, Pre-clinical development and clinical testing timelines, costs and success/failure rates for conventional vaccines and for vaccines produced using emerging platform technologies (eg, RNA vaccines). [13][14][15][16][17][18][19][20][21][22] Once the platform is developed and used to produce a licensed product, the costs and failure rates for developing further products using the same platform technology would drop substantially. The highest costs and longest development timelines are encountered in phase III clinical trials and the highest failure rates tend to occur in phase II clinical trials.…”
Section: Manufacturing Process and Footprintmentioning
confidence: 99%