Why Are Clinical Costs So High?
Published: Nov 03, 2003
The figure of $802 million needs no introduction. Some may question the value of this figure for the average cost of drug development from the Tufts Center for the Study of Drug Development. But one theme emerges when the total cost is broken down into its component parts: the cost of clinical development has leapfrogged preclinical costs to become the most expensive aspect of drug development.