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Pharmaceutical Drug Research & Development Statistics

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Pharmaceutical Drug Development Cost StatisticsData
Average cost to bring a new drug to market$1,300,000,000
Average spent by a major pharmaceutical company to develop a new drug$4,000,000,000
Average drug ingredient cost per prescription [simple_tooltip content=’Report on Prescription Drug Costs 2015 | Prime-Therapeutics‘][/simple_tooltip]$58.99
Percent of brand-name drugs that have a generic83.84 %
The average cost a single prescription drug from the pharmacy18.90
Number of drugs a pharmaceutical company would need to sell at $18.90 to break even on $4 billion in development costs211,640,000
Average annual cost of prescription drugs used by the elderly in 2013$11,341
Average annual cost of prescription drugs used by the elderly in 2006$5,571
Average prescription drug markup2,800 %
Prescription Drug Source of Payment [simple_tooltip content=’Outpatient Prescription Expenditures 2015 | National Center for Policy Analysis‘][/simple_tooltip]Percent of Spending
Employee Sponsored Private Insurance44 %
Consumer Out of Pocket17 %
Public Funds37 %
Individually Purchased Private Plan2 %
Research Spending by Select CompaniesDrugs ApprovedR&D Spending Per DrugTotal R&D 1997-2011
AstraZeneca5$11,790,930,000$58,955,000,000
GlaxoSmithKline10$8,170,810,000$81,708,000,000
Sanofi8$7,909,260,000$63,274,000,000
Roche Holding11$7,803,770,000$85,841,000,000
Pfizer Inc.147,727.03$108,178,000,000
Johnson & Johnson155,885.65$88,285,000,000
Eli Lilly & Co.114,577.04$50,347,000,000
Abbott Laboratories84,496.21$35,970,000,000
Merck & Co Inc164,209.99$67,360,000,000
Bristol-Myers Squibb Co.114,152.26$45,675,000,000
Novartis AG213,983.13$83,646,000,000
Amgen Inc.93,692.14$33,229,000,000
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This list has been heavily disputed because the markup cost does not factor in the tremendous costs of research and development. The list was published by members of the U.S. Department of Commerce and the Bureau of Economic Analysis.
Markup of Select Prescription DrugsConsumer Price for 100 TabletsCost of Active IngredientsPercent Markup
Xanax 1 mg$136.79$0.024569,958%
Prozac 20mg$247.47$0.11224,973%
Norvasec 10mg$188.2$0.14134,493%
Claritin 10mg$215.17$0.7130,306%
Celebrex 100mg$130.27$0.6021,712%
Keflex 250mg$157.39$1.888,372%
Lipitor 20mg$272.37$5.804,696%
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Statistic Sources & References
Sources: US Food and Drug Administration, Prime Therapeutics, National Center for Policy Analysis, US Department of Commerce
Content Author: Statistic Brain

Date research was conducted: April 4, 2017

Pharmaceutical Drug Research & Development Statistics

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