The average cost in the USA to complete pediatric research on already-marketed prescription drugs, in response to a request from the Food and Drug Administration, increased nearly eight times between 2000 and 2006, according to findings released by the Tufts Center for the Study of Drug Development. The rise, in nominal dollars, from $3.93 million in 2000 to $30.82 million in 2006, is consistent with the general increase in costs, length and complexity for developing new drugs, the Tufts CSDD said.
The analysis also found that, during the first 10 years of an FDA program which seeks to encourage pediatric research, such studies have been undertaken on more than 100 diseases and conditions and have led to new labeling for 120 new or already approved drugs for use in children.
Act for children "doing its job"
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze