Study: Developing a drug costs $1.3 billion — less than companies say

Study: Developing a drug costs $1.3 billion — less than companies say

STAT Plus: New estimate says developing a drug costs $1.3 billion, which is a lot, but less than companies often say

By ED SILVERMAN AND MATTHEW HERPER

SAUL LOEB/AFP VIA GETTY IMAGES

“Our paper is a call for transparency," said Olivier Wouters, assistant professor of health policy at the London School of Economics and lead study author.

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