Which of the following is not true about the drug


Which of the following is not true about the drug development process?

1. Most molecules that are considered as potential drugs get approval to be produced and sold

2. The time it takes from the “discovery” phase until a potential drug reaches the market is around 10-14 years

3. The estimated cost of research and development per approved drug is $2.6 billion

4. A potential drug must demonstrate safety and efficacy through clinical trials to be considered for approval to be produced and sold.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Which of the following is not true about the drug
Reference No:- TGS02298684

Expected delivery within 24 Hours