Why does my drug cost so much?

In today’s short, Darshan discusses why drugs cost so much. It takes around 10 to 15 years and roughly $2.3 billion to bring a drug to market. That means a drug company spends between $420,000 and $630,000 daily during this process. Imagine going to a casino every day, betting that much money without knowing the outcome, for 10 to 15 years. What kind of return would you expect on that investment? That's why drugs are so expensive. #drugpricing #drugdevelopment #drugindustry #pharmabusiness #pharmaceuticals #drugaffordability #medicationaccess #medicalcosts #healthcarecosts #highdrugprices #affordabledrugprices #highdrugprices #darshantalks #dt #kulkarilawfirm #klf #recentrecap Website: http://www.darshantalks.com Law Firm: http://www.kulkarnilawfirm.com Twitter: https://twitter.com/darshantalks LinkedIn: https://www.linkedin.com/in/darshankulkarni/ Sign up for my newsletter: https://darshantalks.com/ ---- Disclaimers: This discussion is provided for general educational purposes and should not be construed as legal advice, regulatory advice or medical advice. Listening to this video or otherwise depending on discussions in this video do not, in any way, create an attorney attorney-client relationship