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Tuesday, 05/16/2023 9:42:23 AM

Tuesday, May 16, 2023 9:42:23 AM

Post# of 424038
From initial discovery to the marketplace takes about 10 to 15 years for a new medicine.

Each 5,000 to 10,000 compounds that enter to the pipeline, only 1 receives approval.

Medicines that reach clinical trials have only a 16% chance of being approved.

The average R&D investment for each new medicine is around $1.2-1.5 billion, including the cost of failures.

https://www.cnbc.com/2023/05/16/google-cloud-launches-ai-tools-to-accelerate-drug-discovery.html?__source=androidappshare


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