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

Estimated costs for the introduction of a new chemical or biological pharmaceutical product from 1979 to 2012 (in million U.S. dollars)

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.
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Estimated costs for the introduction of a new chemical or biological pharmaceutical product from 1979 to 2012 (in million U.S. dollars)

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Cost in million U.S. dollars
1979199
1987226
1991451
1993625
20031,031
20121,506
Cost in million U.S. dollars
1979199
1987226
1991451
1993625
20031,031
20121,506
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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.
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