What's the trouble with pain? Analysis shows scarce investments, high failure rate for new drugs
Pain may be one of the biggest market opportunities in drug R&D, but it’s been relatively neglected compared to hot fields like oncology or even cardio.
That’s the conclusion of a new market analysis from BIO, which found that the success rate in clinical development for pain is right at 2% — one of the worst now on the radar and far below their 10% average.
Picking over the numbers, BIO’s analysts concluded that the category accounts for $635 billion in healthcare costs, the kind of figure that developers usually find powerfully attractive.
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