The average cost of developing a new drug and clearing all FDA regulations to get the drug to market are about a billion dollars and are:
A) paid by the FDA only if the drug is approved
B) paid by the FDA only if the drug is not approved
C) paid by the FDA whether or not the drug is approved
D) paid by the drug companies
E) paid by the National Institute of Health

Question

Quizplus · Accepted Answer

The cost of developing a new drug and clearing all FDA regulations is primarily paid for by the drug companies themselves. This cost includes research and development, clinical trials, and obtaining FDA approval. While the government may provide some funding for research through organizations such as the National Institute of Health, the bulk of the costs are ultimately borne by the pharmaceutical companies.

The Average Cost of Developing a New Drug and Clearing