prescription-drug-research-statistics

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 [simple_tooltip content=’Report on Prescription Drug Costs 2015 | Prime-Therapeutics‘][/simple_tooltip] $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 [simple_tooltip content=’Outpatient Prescription Expenditures 2015 | National Center for Policy Analysis‘][/simple_tooltip] 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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Government, Health Tags:
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

Government
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Wedding Cost Statistics

Average Total Cost of Wedding $28,082
Attire & Accessories $1,600
Wedding Dress $1,053
Dress Accessories $144
Headpiece and or Veil $119
Tuxedo / Suit / Other Accessories $111
Tuxedo / Suit / Other Rent/Purchase $271
Beauty & Spa $130
Makeup Service $60
Hair Service $71
Manicure & Pedicure $47
Entertainment $1,300
DJ $748
Live Band $1,751
Musician / Soloist / Ensemble $559
Flowers & Decorations $1,800
Boutonnieres, Corsages $134
Bridal Bouquets $139
Bridesmaid Bouquet $180
Ceremony Decorations $235
Ceremony Flower Arrangements $298
Flower Girl Flowers $86
Flower Petals $88
Reception Decorations $287
Reception Flower Arrangements $348
Reception Table Centerpieces $366
Gifts & Favors $800
Gifts for Attendants $196
Gifts for Parents $148
Tips (for all services) $374
Wedding Favors $262
Invitations $800
Ceremony Programs $110
Engagement Announcements $150
Guest Book $59
Invitations & Reply Cards $255
Postage $85
Reception Menus $119
Save the Date Cards $125
Table Name and Escort/Place Cards $84
Thank You Cards $94
Jewelry $4,500
Engagement Ring $3,465
Wedding Band $1,862
Photography & Video $2,800
Digital or Photo CD/DVD $296
Engagement Session $335
Prints and/or Enlargements $224
Traditional Leather Bound Album $459
Wedding Photographer $1,777
Wedding Videographer $1,152
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Planner Consultant $1,250
A La Carte Services $1,123
Day of Coordinator $845
For Getting Started $880
Full Service $2,491
Month of Direction $1,302
Transportation $400
Limo Rental $487
Other Transportation $420
Venue, Catering & Rentals $10,500
Ceremony Accessories $206
Ceremony Location $937
Ceremony Officiator $219
Hotel Room for After Reception $281
Reception Accessories $203
Reception Bar Service $2,207
Reception Food Service $4,339
Reception Location $2,672
Reception Rentals $1,385
Rehearsal Dinner $865
Wedding Cake/Dessert $386
Marriage License $70
Honeymoon $3,700
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Financial Tags: ,
Statistic Sources & References
Sources: Association of Bridal Consultants
Content Author: Statistic Brain

Date research was conducted: October 7, 2016

Financial
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