Thread: Financing
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Old 10-12-2011, 11:50 PM   #35
tranzformer
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Quote:
Originally Posted by suprachica79 View Post
I don't want this to come off cocky or anything, but you have no idea what the pharma industry is like lol. If it were that easy, everyone would be doing it. It costs about $1 billion, no thats not a typo, to bring a drug to market. And drugs cost alot more here due to our regulations from the FDA.
If you haven't done so already you should see how much the average drug company puts back into research vs what they spend on executive laries and marketing costs. I don't have the graph on me now, but I want to say research costs were about 15-20% and marketing/executive salaries made up close to 50% of a drug companies budget.

Btw, I'll raise your $130k with my $220-230k. Hope you feel better now.
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