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April 15, 2010 (Vol. 30, No. 8)

Drug Repositioning Gains in Popularity

Strategy Is in Vogue from Large Pharma Companies to Biotechs and Foundations

  • Pharmaceutical companies on average spent $1.1 billion to develop and launch a new drug during the late 1990s, according to a 2009 report by Bain Capital. By 2009 the required investment had more than doubled to $2.2 billion, and the return on invested capital for new-drug development had dropped ...

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