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The Cost of Developing a Drug: That Mythical Figure

Biotech followers in 2003 were told that the time and costs for developing a drug are around 10 years and $800 million thanks to a study from Tufts that suggested those numbers. That money figure has ratcheted up since then, as most assume that, along with everything else, drug development costs are also steadily increasing. 10 years and $1.2 billion is tossed around these days, and seems like a fair calculation of inflation.  Read more

GM Plants and 7 billion people

GM Plants and 7 billion people

Beginning in the mid-’70s, Brazil prepared for a gene revolution. Patent, cultivar and biosafety laws were enacted in the ’90s before the commercial release of agricultural biotech products. Brazil has consistently invested in human resources training in science for the last 30 years. Science in Brazil is growing at a rate comparable to or higher than most developed countries.  Read more