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Demythologizing the high costs of pharmaceutical research
Summary
The article addresses the best-kept secret in the world: how much does research and development of new medicine cost? While high cost of research and development of medicines is indicated by pharmaceutical companies to be the reason why high and long patent protection is needed for medicines, however, the cost of research and development are not disclosed or numbers are given that are heavily criticized by others. The article addresses the main arguments and criticism.
