Replies to post #41465 on Biotech Values

[Biowatch]

Putting odds on FDA approval

Listen to this story
http://marketplace.publicradio.org/shows/2007/02/01/PM200702013.html?refid=0

Researchers in Boston said today they've figured out a way to get around the problem of developing drugs that never get approved by the FDA. Helen Palmer reports.

TEXT OF STORY

KAI RYSSDAL: You've heard the pharmaceutical industry joke about the costs of getting new drugs to market, right? The first pill costs half a billion dollars to make. Everything after that's pure profit.

Part of the cost is developing drugs that never get approved. Researchers in Boston said today they've figured out a way to get around that problem. Helen Palmer has more now from the Marketplace Health Desk at WGBH.

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