Message Font: Serif | Sans-Serif
No. of Recommendations: 9
This is a PhRMA site, so I guess it qualifies as PR :

1 = Number of new medicines that result from every 5,000-10,000 compounds screened

10-15 = Number of years required to make a medicine

70,000 = Number of scientists researching new medicines in America's pharmaceutical companies

$38,800,000,000 = Spending on research and development of new medicines by pharmaceutical companies in 2003. This is nearly five times larger than 1990 levels.

$802,000,000 = Average cost to develop one medicine. This amount is up from $138 million in 1975 and $318 million in 1987 (2000 dollars)

3 out of 10 = Number of new medicines that produce revenues that match or exceed average research and development costs

over 1,000 = Number of medicines in development

over 300 = Number of new medicines approved between 1993 and 2003

nearly 250 = Number of medicines to treat rare diseases (affecting fewer than 200,000 in the U.S.) approved by the FDA in the last two decades

$4.44 = Amount saved in hospital costs for every $1 spent on medicines

50-60% = Portion of cancer survival increases attributable to new medicines

70% = Decrease in AIDS death rate since advent of new medicines in 1995

10.5¢ = Portion of every dollar spent on health care that goes to prescription medicines

11-12 = Years of effective patent life for medicines - about 6-7 years shorter than other products
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.