The Value of Improving the Productivity of the Drug Development Process

@article{DiMasi2012TheVO,
  title={The Value of Improving the Productivity of the Drug Development Process},
  author={J. DiMasi},
  journal={PharmacoEconomics},
  year={2012},
  volume={20},
  pages={1-10}
}
  • J. DiMasi
  • Published 2012
  • Business, Medicine
  • PharmacoEconomics
AbstractObjectives: This study examines the financial benefits that can accrue to drug developers from improvements in the drug development process. The effect on drug development costs from faster development, earlier decisions on project failures, and higher approval success rates are quantified. Data and Methods: The results from a recent study of research and development (R&D) costs for new drugs are used as a benchmark against which improvements in the discovery and development processes… Expand
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