Show Me the Money

eric.vieira
Author : Eric Vieira

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Say it. Yes, say it. Thank you. Now don’t fool yourself in believing that just because you dedicated your life to the pursuit of knowledge that money isn’t important. It most certainly is. You could not do those experiments if you didn’t have funds to purchase pricey reagents. And have you heard lately what it takes to get a drug to market…Just ask Kenneth Kaitin, the Director of the Tufts Center for the Study of Drug Development. His staff does an analysis every few years and most recently estimated that the average cost of developing a new biotechnology product is $1.2 billion.