?The drug discovering was the effects of aspirin by Friedrich Bayer….

The drug discovering was the effects of aspirin by Friedrich Bayer. Felix Hoffman discover an improved version if Phenacetin, which is for less irritating to the stomach.
Alexander Fleming who wanted to find a chemical that could stop bacterial infection. He discovered penicillin which is for treating infections diseases. Base on the readings, on an average it costs a company $500 million to get a single new medicine from the laboratory to USA patients, according in January 1996 report by Boston Consulting Group. It takes fifteen years in an average for an experimental drug to travel from lab to U.S patients, from the Tufts Center for the Study of Drug Development. Just think about it, the cost was $500 million dollar at 1996, but how about today, which is 2009. I can image how much it will today. But I think, it will cost less when experimental drug travel from lab to U.S patients because technology we have today are more quick then 1996. The cost of a prescription medicine is more than the cost of its ingredients. Economists estimate that it takes an average of 12 to 15 years to discover and develop a new medicine and, on average, it costs $800 million. 10,000 compounds investigated are tested in clinical trials. The five is approved for patients use. The revenues from one successful medicine cover the costs. This is developing a new marketable drug for example, the cancer drugs have accounted for 50 to 60 percent of the gains for cancer survival. The survival rate has risen from 50 percent to 62.7 percent. The effective treatment of diabetes with medicines and other therapy yields annual health care savings of $685 to $950 per patient within one to two years. Many new medicines replace higher cost and hospital care.
The number of years and money tell me the future in the pharmaceutical industry will increase, but it will be saving many lives. The costs of medicines reflect the value to patients and society and the health care system. I realize by reading these articles that focusing too much on cutting the cost of medicines mike lose the sight of development research and pharmaceutical. I think money should be free for research and the governments should give more grants to help and approve the pharmaceutical industry. It will save time and save life’s. For example, Alzheimer’s disease showed that the prescription costs of drug were over $1,000 higher. Between 1980 and 2000, women life expectancy from 77 to 79, and men from 70 to 74.

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