New Books in Science, Technology, and Society cover image

Rohit Khanna, "Misunderstanding Health: Making Sense of America's Broken Health Care System" (Johns Hopkins UP, 2021)

New Books in Science, Technology, and Society

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Drug Development Cost

Stephanie Coontz: Drug companies are outlaying hundreds of millions and billions of dollars. For every drug that makes it to market, the a, i guess the the bean counters have estimated that there are thousands of other molecules that fail in proof of concept,. They fail in face one, face two, they never make it. She says industry should be compensated for the immense risk that they take in developing molecules. But we need to findThat balance starts with understanding what the costs are., she adds.

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