In responding to complaints about the high cost of new drugs, drug companies argue that they cost a great deal to develop, and many never pan out. If you doubted the truth of that, check out the NAM blog for this story about Pfizer's failed effort to develop a drug to boost 'good cholesterol.'
Total cost: $21 billion.
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Thursday, January 04, 2007
Do Drugs Cost 'Too Much'
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