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To: Moonman62
If it works, that would be a bargain for the taxpayer.

$18.9 million would not include the cost to receive FDA approva.l

Clinical trials that support FDA approvals of new drugs have a median cost of $19 million, according to a new study by a team including researchers from Johns Hopkins Bloomberg School of Public Health...The $19 million median figure represents less than one percent of the average total cost of developing a new drug, which in recent years has been estimated at between $2 to $3 billion..for some indications, such as rare incurable diseases, the FDA will accept much smaller, shorter trialshttps://www.jhsph.edu/news/news-releases/2018/cost-of-clinical-trials-for-new-drug-FDA-approval-are-fraction-of-total-tab.html

Is this is not usually mentioned when liberals cite the cost of domestically produced drugs?

41 posted on 02/20/2020 6:18:06 PM PST by daniel1212 ( Trust the risen Lord Jesus to save you as a damned and destitute sinner + be baptized + follow Him)
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To: daniel1212

There’s a video on this page of the CEO:

https://www.khou.com/article/news/health/coronavirus/hbj-houston-genetic-engineering-co-completes-coronavirus-vaccine-ceo-says/285-6dcbb988-286f-4ba5-8b98-b68dc5385c49

I’d say it’s a scam using the “too good to be true” test. Private companies can attract sucker investors, too.


42 posted on 02/20/2020 7:03:13 PM PST by Moonman62 (Charity comes from wealth.)
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