> new drugs approved per dollar of R&D has fallen for decades, even as our scientific tools have grown vastly more powerful, the exact opposite of what the existence of more raw capability would predict
Can we please stop using X per dollar as a metric over long periods of time?
Inflation causes exponential price increases, so almost everything would be expected to have its "per dollar" yield decrease over time...
Can we please stop using X per dollar as a metric over long periods of time?
Inflation causes exponential price increases, so almost everything would be expected to have its "per dollar" yield decrease over time...