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Author: Cogitarius Big gold star, 5000 posts Old School Fool Home Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 896  
Subject: Pharma innovation by the numbers Date: 4/12/2006 12:45 PM
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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
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