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Therapeutic ProteinsDevelopment of new pharmaceuticals is increasingly expensive. Not only are the costs of R&D, laboratory testing, clinical trials, administration. and overhead escalating, but the maturing of the pharmaceutical industry itself is adding to the burden. Ten years ago. the rule of thumb was that development of a new drug cost about $200 million. Today that figure has doubled. A drug patent gives its owner exclusive rights to the invention for 17 years. Because it often ta… Show more
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