By NextBestFitPharmaceutical industry R&D
Amount
$83.0B
per year
Per resident, per year
$243
÷ 341.1M people
Per household, per year
$628
÷ 132.2M households
How it is built
CBO estimate for 2019: about a quarter of the industry's net revenue
Part of: Drug prices (recovered through revenue worldwide)
Details
| Expected cost per new drug (incl. failures & capital) | under $1B to over $2B |
Problems this cost relates to
Sources: Congressional Budget Office (2021)