News Roundup [abridged Versions Appear In The Paper Journal]

FDA chief wants other rich countries to share drug development costs

BMJ 2003; 327 doi: (Published 09 October 2003) Cite this as: BMJ 2003;327:830
  1. Janice Hopkins Tanne
  1. New York

    Trying to make new drugs “affordable, safe, and innovative” is a “global crisis,” said Mark McClellan, commissioner of the US Food and Drug Administration, in a speech to the first international colloquium on generic medicine in Cancun, Mexico. He said the United States was paying too high a price for developing new drugs and called for other rich countries to share development costs, perhaps in proportion to their national income.

    Developing a new drug costs more than $800m (£480m; €690m), Dr McClellan said. As countries tighten their price regulations, drug companies …

    View Full Text

    Sign in

    Log in through your institution