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Figure. In Canada, drug prices are not based on research and development costs, but some…
Figure. In Canada, drug prices are not based on research and development costs, but some health economists claim that drug companies exaggerate the cost of developing drugs to justify their products' high prices. Image by: Photos.com
Figure. In 2003, economists with ties to…
Figure. In 2003, economists with ties to the drug industry claimed it cost US$802 million…
Figure. In 2003, economists with ties to the drug industry claimed it cost US$802 million to develop a new drug. Some say it now costs between $1.3 billion and $1.7 billion, but there is much debate about those figures. Image by: Photos.com