Eli17 Wrote:
May 16, 2012 1:05 PM
How much does a drug cost to research and develop? How much testing does a drug go through (including the FDA) before it is approved to go on the market? I believe patents are given for 20 year periods on drugs. Could it be possible that in order to recooperate the money spent in R&D and testing required to bring the drug to market, that drugs have a value set by the market and not simply just picked out of the air by the drug companies. And where do those profits go? Back into more research and development? How many drugs fail? Yes, drug companies make money. They are a business. And in the process, they provide a service to their customers. If the price is too high, go develop your own drugs or find someone who will provide them cheaper.