Average time to market a drug?
5-10 years
10-12 years
12-15 years
15-20 years
Average cost to market a drug?
$200-400 million
$400-600 million
$600-800 million
$2-5 billion
Before clinical trials...
healthy volunteers are tested first
in vitro and in vivo testing on cell cultures or transgenic mice
lab animals are tested for several months
What clinical trial phase can a drug be licensed, marketed, and prescribed?
Phase I
Phase II
Phase III
Phase IV
Phase IV of clinical trials ends after a 20-year mark.
