Pharma Industry

Exploding a myth

Print edition : May 17, 2013

In a pharmaceutical research laboratory in North Carolina, U.S. Nobody knows the real costs of drug research and development as no direct figures are available from the industry. Photo: Gerry Broome/Bloomberg News

At a pharmaceutical company's manufacturing facility. Photo: Jonathan Drake/BLOOMBERG NEWS

The claims pharmaceutical multinationals make about high R&D costs are invariably false.
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