This statistic represents the estimated costs of introducing a new chemical or biological product in the pharmaceutical market from 1979 to 2012. In 1979, the costs to bring a new chemical or biological pharmaceutical product to market were at some 200 million U.S. dollars. Some 30 years later, these costs stood at some estimated 1.5 billion U.S. dollars.
Estimated costs for the introduction of a new chemical or biological pharmaceutical product from 1979 to 2012
(in million U.S. dollars)
EFPIA stands for European Federation of Pharmaceutical Industries and Associations. This statistic was assembled from several efpia reports.
* In 2011 U.S. dollars.
This feature is limited to our corporate solutions.
Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Corporate Account
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account!
Premium Account
Your perfect start with Statista
Instant access to 1m statistics
Download in XLS, PDF & PNG format
Detailed references
$59 / Month *
Corporate Account
Full access
Corporate solution including all features.
* All products require an annual contract.
Prices do not include sales tax.
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.
EFPIA. (June 29, 2015). Estimated costs for the introduction of a new chemical or biological pharmaceutical product from 1979 to 2012 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 19, 2020, from https://www.statista.com/statistics/265752/cost-of-introducing-a-new-product-in-pharmaceutical-industry/
EFPIA. "Estimated costs for the introduction of a new chemical or biological pharmaceutical product from 1979 to 2012 (in million U.S. dollars)." Chart. June 29, 2015. Statista. Accessed February 19, 2020. https://www.statista.com/statistics/265752/cost-of-introducing-a-new-product-in-pharmaceutical-industry/
EFPIA. (2015). Estimated costs for the introduction of a new chemical or biological pharmaceutical product from 1979 to 2012 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 19, 2020. https://www.statista.com/statistics/265752/cost-of-introducing-a-new-product-in-pharmaceutical-industry/
EFPIA. "Estimated Costs for The Introduction of a New Chemical or Biological Pharmaceutical Product from 1979 to 2012 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Jun 2015, https://www.statista.com/statistics/265752/cost-of-introducing-a-new-product-in-pharmaceutical-industry/
EFPIA, Estimated costs for the introduction of a new chemical or biological pharmaceutical product from 1979 to 2012 (in million U.S. dollars) Statista, https://www.statista.com/statistics/265752/cost-of-introducing-a-new-product-in-pharmaceutical-industry/ (last visited February 19, 2020)
We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.
