Not for the first time, I'll bitch about PhRMA telling the world that it costs a Billion Dollars to make a new drug. Well, it turns out that a
a report on new drugs actually tells the truth
These days, the average cost, including the many failed trials along the way, is a billion dollars.
[my emphasis]
The report is about curing Type 1 diabetes, and worth your time.
It's the other pandemic, one that killed 6.7 million people last year around the world.
-- Lisa Hepner/one of the film makers covered by the report
It's also a story about a Big Pharma eating a small fish. Happens a lot; and in this case the Big Pharma is scarfing up a competitor. That happens a lot, too.
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