Pharmaceutical industry: the cost of introducing a new product 1979-2012

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

Cost in million U.S. dollars
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Source

Release date

June 2015

Region

Worldwide

Survey time period

1979 to 2012

Supplementary notes

EFPIA stands for European Federation of Pharmaceutical Industries and Associations.
This statistic was assembled from several efpia reports.
* In 2011 U.S. dollars.

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