Comment Comment by ig1 People don't seem to realize how expensive it is to bring a new pharmaceutical drug to market and why this approach won't work.A typical drug will cost between $1bn-$2bn and take about a decade of work by the time it hits the shelves.(http://en.wikipedia.org/wiki/Drug_development has details for those interested)Crowdfunding at those sort of levels just isn't feasible yet. parent ig1 12 years ago
A typical drug will cost between $1bn-$2bn and take about a decade of work by the time it hits the shelves.
(http://en.wikipedia.org/wiki/Drug_development has details for those interested)
Crowdfunding at those sort of levels just isn't feasible yet.