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New drug development

✍ Scribed by Ferrán Catalá-López; Anna García-Altés; Elena Álvarez-Martín; Ricard Gènova-Maleras; Consuelo Morant-Ginestar

Book ID
117308236
Publisher
The Lancet
Year
2011
Tongue
English
Weight
88 KB
Volume
377
Category
Article
ISSN
0140-6736

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## Abstract This paper replicates DiMasi __et al__. (__J. Health Econ__. 2003; **22**: 151–185; __Drug Inf. J__. 2004; **38**: 211–223) estimates of expenditure on new drug development using publicly available data. The paper estimates that average expenditure on drugs in human clinical trials is a