Drug development isn’t cheap

7 June 2018: Claire Thompson, deputy chief scientist, spoke to ITV News at Ten about the investment needed for drug development. Thompson provided context to news of Pfizer and Flynn Pharma winning their appeal against a fine imposed by the Competition and Markets Authority, for increasing the price of phenytoin sodium. “It can take around 15 years and more than £1bn to develop a drug,” Thompson said.

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Citation
The Pharmaceutical Journal, June 2018;Online:DOI:10.1211/PJ.2018.20204983