Regulatory Affairs Professionals Society (RAPS)’s Post

Between 1995 and 2014, a majority of new drugs and medicines approved by the FDA recouped the average cost of drug development through net discounted sales within a decade of their approval, according to results from a recent retrospective study. “For these products, patents, data protection, and other regulatory exclusivities appear to provide brand-name drug makers with generous market protection,” Olivier J. Wouters, assistant professor of health policy at the London School of Economics and Political Science, and colleagues wrote. Jeff Craven reports for Regulatory Focus: https://bit.ly/3S8CMsi

Study: Most drug products recouped development costs within a decade of approval

Study: Most drug products recouped development costs within a decade of approval

raps.org

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