Updating the Cost of a New Chemical Entity

Kettler, H.

February 1999

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The objective of this paper is to analyse the existing estimates of NCE costs and look at the subsequent changes in cost components and at the impact of structural change in the R&D process. These discussions cannot substitute for new estimates that are based on more recent company data but, in the absence of such new estimates, they do provide some indication of the direction and magnitude of likely cost changes that have occurred in the 1980s and 1990s.