EU Pharma Industry

Important numbers from "The Pharmaceutical Industry in Figures," the annual publication of the European Federation of Pharmaceutical Industries and Associations.

The biopharmaceutical industry has invested $500 billion in R since 2000. Take a look at the significance of this amount.

The biopharmaceutical industry has invested $500 billion in R since 2000. Take a look at the significance of this amount.

Ever wonder why generic drugs cost $4 at some pharmacies?     Generic drugs are the final stage in a long lifecycle that starts with innovator biopharmaceutical research companies researching and developing brand prescription medicines.     This video highlights the stops & starts, successes & failures that often result in low-cost options for many people. Keep in mind as you watch that only 2 out of 10 drugs approved by the FDA will ever earn revenues that exceed average R costs.

Generic Drugs: Learn about the Lifecycle from Brand Name Prescriptions to Generics

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