BLG 699 Chapter Notes - Chapter 11: Francis Collins, Bevacizumab, Genentech

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12 Oct 2016
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The cost of creating a new drug now billion, pushing big pharma to change by matthew. New analysis by forbes puts grim numbers on these costs: a single drug to market can expected to cost million before the medicine is available for sale. In part because so many drugs fail, large pharmaceutical companies that are working on dozens of drug projects at once spend billion per new medicine. Susan desmond-hellman, the chanellor at ucsf and former head of development at industry legend genentech, where she led testing of cancer drugs like herceptin and. Avastin - she says you (cid:272)a(cid:374)(cid:859)t (cid:373)ake a (cid:271)usi(cid:374)ess off this a(cid:374)d it(cid:859)s not a good investment. Francis collins, the director of national institute of health, started a new national. Center for advancing translational sciences to remove roadblocks that keep new drugs from reaching patients. 66 of the 98 companies studies launched only one drug this decade.

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