CRED Understanding Clinical Development 2024

14/10/2024

The Organisation for Professionals in Regulatory Affairs

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Getting Started

8, 10 – 12, or 20 years

• How long does it typically take to develop a new medicine

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• From early discovery to treating patients, what is the average cost of developing a new medicine ?

• $10 Million, $500 Million, $2-3 Billion

1/ 50; 1/100; 1/5000;

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• What is the success ratio for innovative drug development

1/20000 molecules discovered

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The Organisation for Professionals in Regulatory Affairs

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