|
|
|
|
|
by adamt
4283 days ago
|
|
I will freely admit I know very little about the pharmaceutical world, but my (perhaps dumb) question is what scope is there to disrupt these typical costs. For example it used to be that space programs cost billions, yet India has just put a Mars orbital in place for $74m.
I am old enough to remember when it was the received wisdom that people believed an e-commerce website would cost $1m, yet many startups launch their first site with less then 0.1% of that. How much of that $1bn-$2bn typical cost is open to similar levels of disruption? |
|
But it's not a trivial thing to disrupt, and there are some costs that are just out and out fixed (clinical trials are spendy).