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A bit outdated, oversimplified, but very useful for modeling ... From Discovery to Commercial ... 1/240 chance to succeed with 1 product 21M$ on average in 7 raises ... or Traunche 1 and 6 dilutions ... 7 - 11 years on average ...
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Confidential and not to be reprinted or reused in any form without the express written consent of NovTx (29-Dec-09)
8.4. Proforma of Current Industry Standards for Drug Discovery and Development.
[source, Michael Rosen (2006) The Wisconsin Technology Network]