by Sebastian Rowe What would you do if I gave you $2.6 billion? For pharmaceutical companies, the answer is develop a drug. Not a handful, not a few… a single drug. $2.6 billion is the estimated development cost of each Food and Drug Administration (FDA)-approved drug. For perspective, 48 new medicines were FDA approved in 2019. Therefore, the total development cost of all the approved … Continue reading Modern Drug Discovery: Why is the drug development pipeline full of expensive failures?