Credit goes to moneycrew: "Several years—usu
Post# of 148292
"Several years—usually 10 to 15—and hundreds of millions of dollars later, under the best of circumstances, a new drug will be approved for marketing. Because of its complexity, drug discovery and development is widely recognized as one of the most financially risky endeavors in all of science and a major challenge for the biomedical industry."
By some estimates it can cost more than 2 billion dollars for this development. At the very least, hundreds of millions.
I'd say we are way ahead of the game, wouldn't you???
https://www.ncbi.nlm.nih.gov/books/NBK22930/
https://investorshub.advfn.com/boards/read_ms...=154960805