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Nick Koutsoukis

The Negative Effects of Thailand Invoking Article 31

The Negative Effects of Thailand Invoking Article 31

 In 2003, the Tufts Center for the Study of Drug Development ("Tufts") estimated the cost to develop a new drug to be in excess of $850 million.¦lt;br /> Today, that figure is likely well into the billions.  Tufts also found that approximately 20% of new drugs that enter clinical testing eventually receive U.S. marketing approval.  […]