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Creativity is Key to Drug R&D
May/June 1999 (vol. 1 no. 3)
pp. 6-9
In a world where time to market is money, the pharmaceutical industry faces special challenges. According to Eli Lilly and Company, only one in every 10,000 chemical compounds studied will complete the gauntlet of chemical analysis, testing, clinical trials, and regulatory-agency approval to actually make it to market. On average, the cost for each survivor is $500 million and 15 years of development time.
Citation:
Keri Schreiner, "Creativity is Key to Drug R&D," Computing in Science and Engineering, vol. 1, no. 3, pp. 6-9, May-June 1999, doi:10.1109/5992.764208
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