5 billion, including the costs of failures, based on the Herper
observed about such cases, "copycat drugs may have trouble making a dent, lowering drug costs for the system as a whole, or hurting established players.
cites Eli Lilly's blood thinner Effient as an example of a drug for which the FDA had difficulty convening a panel.
12, 13 (1995); Matthew Herper
, Money Won't Buy You Happiness, FORBES, Sept.
, "Former FDA Chief Denies Financial Conflicts," Forbes, 28 September 2005, accessed 4 October 2005, <http://www.
Topol, "Failing the Public Health--Rofecoxib, Merck, and the FDA" (2004) 351 New England Journal of Medicine 1707; Editorial, "Vioxx: an unequal partnership between safety and efficacy" (2004) 364 The Lancet 1287; Matthew Herper
& Robert Langreth, "Merck's Missing Vioxx Study", online: Forbes <http://www.
Chomsky, Noam, Cartesian Linguistics, Nueva York, Herper
& Row, 1966.
& Row's six-figure contract with Gorbachev shows how times have changed.
See Matthew Herper
, The Best Drug Companies Of All Time, Forbes (Aug.
Science writer Matthew Herper
points out that the new companion test for ALK (made by Vysis, a division of Abbott) costs around $1500 per patient.
Robert Langreth & Matthew Herper
, States Crack Down on Online Gene Tests, FORBES.