2021
DOI: 10.1038/d41573-021-00190-9
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Clinical development times for innovative drugs

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Cited by 81 publications
(89 citation statements)
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“…It has been estimated that the median capitalized development and research cost to bring a new medicine to FDA approval in the United States between 2009 and 2018 was about USD 985 million, with projected costs expected to be in the billions [ 97 ]. The median clinical development time for FDA-approved drugs has remained stable at approximately 8.3 years for the past decade [ 98 ]. The significant time, expertise and cost associated with drug development usually translates into expensive out-of-pocket costs for patients [ 99 , 100 ].…”
Section: The Limitations Of Bottom-up Approachesmentioning
confidence: 99%
“…It has been estimated that the median capitalized development and research cost to bring a new medicine to FDA approval in the United States between 2009 and 2018 was about USD 985 million, with projected costs expected to be in the billions [ 97 ]. The median clinical development time for FDA-approved drugs has remained stable at approximately 8.3 years for the past decade [ 98 ]. The significant time, expertise and cost associated with drug development usually translates into expensive out-of-pocket costs for patients [ 99 , 100 ].…”
Section: The Limitations Of Bottom-up Approachesmentioning
confidence: 99%
“…This is an essential consideration in any creation of definitions because of the very nature of innovation—which is essentially unpredictable. Since it takes, on average, more than a decade to develop a new medicine [ 33 ], along a process that is itself highly unpredictable, with no guarantees that the identified need will be met by any eventual product and with the possibility that another previously unidentified need may indeed be met by the outcome, rigid definitions have limitations. As an example, when research started on mRNA technology, few would have imagined it would play a central role in fighting a pandemic [ 34 ].…”
Section: Devils and Detailsmentioning
confidence: 99%
“…Drug development is long and expensive process; it is estimated that during the years 2000 to 2015, the average cost of developing a newly approved drug was over USD 2.5 billion per single approved molecule. Commonly, it takes up to 15 years from the design of a single drug to reach the market, and less than 15% of selected compounds that are tested on humans, are later proved as safe and effective and can be finally used [ 5 , 6 ]. It sounds reasonable that humanity can’t wait 15 years for the development of a new molecule for COVID-19 treatment and in this case, the computational chemistry applied in drug design is helping accelerate research and providing stunning results.…”
Section: Introductionmentioning
confidence: 99%