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by zobzu 4283 days ago
It actually says millions of USD or billions. ie not necessarily 1 billion+

I'm also wondering/suspecting these costs are very much tied to the USA which has a pretty specific model and costs involved.

I wouldn't be surprised if the development, of similar quality, would be much cheaper outside the USA.

(yes i have noticed this guy is crowdfunding from the USA)

1 comments

still needs to be approved by the FDA, as the rest of the world is using this for guidance.

majority of drug development is not the actual science work, but tons of paperwork and audit trails. as history has proven if you play fast and loose here a lot of people will be hurt or killed.

you need to document every step along the way. and once clinical trials start, the scrutiny increases, a lot.

there is a now a fast track for very promising breakthrough drugs, but getting this designation is very hard and relies on proven, documented science.

This is exactly why I'm only interested in crowdfunding a single, early stage, experiment.
Are there not public grants available it this stage?
Short answer is. I'm not a faculty in a university since I tried and choose not to try any longer. I'm not in pharma because of patents. So getting a public grant is hard. It's even harder because my old boss is now in charge of the relevant funding stream and she shouldn't be working with grants that further her former avenue of research.
> It's even harder because my old boss is now in charge of the relevant funding stream and she shouldn't be working with grants that further her former avenue of research.

That's one very depressing thought. I understand her reasons, but I see the existence of them as a failure in getting all of us to a rational society. All the best. I'll contribute, what I can.