Replies to post #18462 on Rich Pharmaceuticals Inc. (fka RCHA)

[Howyadoing]

That's true for most all companies, the issue here is that it takes over a billion dollars to bring a new drug to market.
You better get your wallet out , along with hundreds of thousands of other penny traders because to bring a drug through all phases 1/2/3 with FDA Approval will cost wayyy over a Billion Dollars! Its only a pipe dream to think that this little stinky pinky could even come close to final FDA Approval!

"After examining 10 pharmaceutical companies and 106 randomly selected drugs that were first tested in human clinical trials between 1995 and 2007, Tufts estimated that the true cost to bring a drug to market was $2.56 billion (in 2013 dollars). This figure includes just shy of $1.4 billion in average out-of-pocket costs to the drug developer, as well as $1.16 billion in time costs, which are essentially the expected returns that investors forgo while a drug is in development"
https://www.google.com/amp/s/www.fool.com/amp/investing/general/2016/04/30/the-cost-of-developing-an-fda-approved-drug-is-tru.aspx#ampshare=https://www.fool.com/investing/general/2016/04/30/the-cost-of-developing-an-fda-approved-drug-is-tru.aspx

I Don't think Mr Chang is going to be able to get any where near the $$$ he needs from penny traders. Just look at the debt conversions that are taking place right now. Debt holders are receiving there shares for .00017 and selling for a 800% profit if sold @ .0015
There is just to much Toxic Debt on the books already and a ton more needed to accomplish the goal.
Good luck though, if your going to try and help