Post by
aussyspitz on Aug 13, 2022 6:37pm
Price fixing effects on Pharmaceutical R&D investment
https://www.nber.org/digest/may05/effect-price-controls-pharmaceutical-research#:~:text=...,of%20developing%20a%20new%20drug.
Comment by
Pandora on Aug 13, 2022 10:37pm
"The vast majority of R and D projects fail for reasons related to safety, efficacy, or commercial viability, the authors note. For compounds that do gain FDA approval and are taken to market, the entire process from discovery to launch takes on average about 15 years."