Pharmaceutical Drug Research & Development Statistics

Pharmaceutical Drug Development Cost Statistics Data
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 $58.99
Percent of brand-name drugs that have a generic 83.84 %
The average cost a single prescription drug from the pharmacy 18.90
Number of drugs a pharmaceutical company would need to sell at $18.90 to break even on $4 billion in development costs 211,640,000
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 markup 2,800 %
Prescription Drug Source of Payment Percent of Spending
Employee Sponsored Private Insurance 44 %
Consumer Out of Pocket 17 %
Public Funds 37 %
Individually Purchased Private Plan 2 %
Research Spending by Select Companies Drugs Approved R&D Spending Per Drug Total R&D 1997-2011
AstraZeneca 5 $11,790,930,000 $58,955,000,000
GlaxoSmithKline 10 $8,170,810,000 $81,708,000,000
Sanofi 8 $7,909,260,000 $63,274,000,000
Roche Holding 11 $7,803,770,000 $85,841,000,000
Pfizer Inc. 14 7,727.03 $108,178,000,000
Johnson & Johnson 15 5,885.65 $88,285,000,000
Eli Lilly & Co. 11 4,577.04 $50,347,000,000
Abbott Laboratories 8 4,496.21 $35,970,000,000
Merck & Co Inc 16 4,209.99 $67,360,000,000
Bristol-Myers Squibb Co. 11 4,152.26 $45,675,000,000
Novartis AG 21 3,983.13 $83,646,000,000
Amgen Inc. 9 3,692.14 $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 Drugs Consumer Price for 100 Tablets Cost of Active Ingredients Percent Markup
Xanax 1 mg $136.79 $0.024 569,958%
Prozac 20mg $247.47 $0.11 224,973%
Norvasec 10mg $188.2 $0.14 134,493%
Claritin 10mg $215.17 $0.71 30,306%
Celebrex 100mg $130.27 $0.60 21,712%
Keflex 250mg $157.39 $1.88 8,372%
Lipitor 20mg $272.37 $5.80 4,696%
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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: August 12, 2016

Pharmaceutical Drug Research & Development Statistics

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