The Negative Effects of Thailand Invoking Article 31
In 2003, the Tufts Center for the Study of Drug Development (“Tufts”) estimated the cost to develop a new drug to be in excess of $850 million.¦lt;br /> Today, that figure is likely well into the billions. Tufts also found that approximately 20% of new drugs that enter clinical testing eventually receive U.S. marketing approval. […]