Sunshine Biopharma Inc (SBFM): Forgot a somewhat important part of the...

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Re: Learjetter post# 39519

Sunday, 09/23/2018 7:32:20 PM

Sunday, September 23, 2018 7:32:20 PM

Forgot a somewhat important part of the FDA process. The COST!!!!! Just for provide a quick reality check for some....10mill is a lot of money, but not even in the ballpark. The money, if they raise any, will go towards selling generic drugs, not adva27a.

"However, various sources indicate that it can cost more than $1 billion to bring one product to the market, including approximately $50-840 million to bring treatments through the stages of Basic Research/Drug Development and Pre-Clinical/Translational Research, and approximately $50-970 million to complete the Clinical Trials (Phases 1, 2, and 3)."

https://www.brightfocus.org/clinical-trials/how-clinical-trials-work/fda-approval-process

Ouch!

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