OK, in the absence of an answer for my question to MaxyBro here is an answer;
The $19 million median figure represents less than one percent of the average total cost of developing a new drug, which in recent years has been estimated at between $2 to $3 billion.
From the September 24, 2018 Johns Hopkins Bloomberg School of Public Health article;
Clinical trials to obtain FDA approval typically account for small proportion of total drug research and development costs, study suggests.
https://www.jhsph.edu/news/news-releases/2018/cost-of-clinical-trials-for-new-drug-FDA-approval-are-fraction-of-total-tab.html
But that is only for drugs. That Mesoblast can do 3 for $500m to the end of Phase 3 is by comparison a very economical use of funds, there will be more to spend but I suspect not even close to a billion for all 3 based on the size of the funds secured for those purposes.
- Forums
- ASX - By Stock
- MSB
- MSB Trading - 2020
MSB Trading - 2020, page-2780
- There are more pages in this discussion • 20,381 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.17 |
Change
0.085(7.83%) |
Mkt cap ! $1.358B |
Open | High | Low | Value | Volume |
$1.12 | $1.20 | $1.11 | $10.37M | 8.889M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 100262 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.17 | 14869 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 61199 | 1.175 |
37 | 111902 | 1.170 |
11 | 66214 | 1.165 |
16 | 251177 | 1.160 |
12 | 144267 | 1.155 |
Price($) | Vol. | No. |
---|---|---|
1.180 | 64064 | 7 |
1.185 | 120785 | 10 |
1.190 | 113056 | 13 |
1.195 | 189916 | 13 |
1.200 | 470958 | 25 |
Last trade - 11.56am 06/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.17 |
  |
Change
0.085 ( 7.47 %) |
|||
Open | High | Low | Volume | ||
$1.12 | $1.20 | $1.12 | 2252409 | ||
Last updated 12.11pm 06/05/2024 ? |
Featured News
MSB (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online