Reinventing Life Science Startups–Therapeutics and Diagnostics
Steve Blank
AUGUST 19, 2013
Yet during those same 60 years, rather than decreasing, the cost of getting a new drug approved by the FDA has increased 80 fold. Yep, it cost 80 times more to get a successful drug developed and approved today than it did 60 years ago. Pharma companies are staggering under the costs. And medical device innovation in the U.S.
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