On average, it takes more than 10 years to develop a drug and costs more than $1.3 billion. Over 70 % of drug R&D costs are spent on clinical development, yet the success rate from phase
On average, it takes more than 10 years to develop a drug and costs more than $1.3 billion. Over 70% of drug R&D costs are spent on clinical development, yet the success rate from phase I