The pharmaceutical industry is constantly under pressure for the high prices they charge for drugs, and many times they become the whipping boys for politicians seeking to gain favor with constituents bytaking on the big bad drug companies.
The reality is that the drug industry plans to fail nine times out of ten when trying to bring a new drug to market and with the fully burdened cost per drug approval at a staggering $2.6 billion, with 55% of that number coming from compound failures, the road to success is difficult and costly.
In a new research report from Jefferies, they....More>>>