Market Capitalization – Big Pharma - Milken Institute
Market Capitalization – Big Pharma - Milken Institute
Market Capitalization – Big Pharma - Milken Institute
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Up to<br />
6.5 years<br />
Up to<br />
6 years<br />
Up to<br />
4 years<br />
Total Drug Development Time<br />
From Laboratory to Patient<br />
Function US$, Billions Share<br />
Prehuman /Preclinical $11.0 31.9%<br />
Phase I $2.3 6.8%<br />
Phase ll $3.8 11.1%<br />
Phase Ill $8.0 23.3%<br />
Approval $4.1 12.0%<br />
Phase IV $3.7 10.7%<br />
Uncategorized $1.4 4.2%<br />
Total R&D $34.5 100%
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