<html><head></head><body><div><span data-mailaddress="foozler83@gmail.com" data-contactname="William Flynn Wallace" class="clickable"><span title="foozler83@gmail.com">William Flynn Wallace</span><span class="detail"> <foozler83@gmail.com></span></span> , 10/12/2014 8:04 PM:<br><blockquote class="mori" style="margin: 0px 0px 0px 0.8ex; border-left-width: 2px; border-left-color: blue; border-left-style: solid; padding-left: 1ex;"><div class="mcntgmail_default" style="font-family: 'comic sans ms', sans-serif; font-size: small;">It has become so expensive and so hard to prove the efficacy of a drug or therapy, we stifle experimentation and<br>slow progress nearly to a halt. <br><br></div><div class="mcntgmail_default" style="font-family: 'comic sans ms', sans-serif; font-size: small;">I read that it takes about 100 Million dollars to get a drug to market. </div></blockquote></div><div><br></div><div>Sorry, that must have been a while ago. The latest Tufts estimate is 2.9 billion: http://www.fiercebiotech.com/story/average-cost-drug-rd-try-29b-size/2014-11-18</div><div><br></div><div>This is part of the reason of Eroom's law: http://www.nature.com/nrd/journal/v11/n3/fig_tab/nrd3681_F1.html</div><div><br></div><div>Yes, this is a system that needs to be fixed. Or circumvented. </div><br>Anders Sandberg,
Future of Humanity Institute
Philosophy Faculty of Oxford University</body></html>