Healthcare: How Much Does It Really Cost to Develop a Cancer Drug?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 13 September 2017
⏱️ 26 minutes
🧾️ Download transcript
Summary
A new study concludes it costs $757 million to develop a new cancer drug, but is that the only reason why drugmakers charge sky-high drug prices or are other reasons to blame too?
Transcript
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| 0:20.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:24.4 | It's Wednesday, September 13th, and we'll be talking about the cost of developing a cancer drug on the show today. |
| 0:30.6 | I'm your host, Christine Harajusus and I'm joined today by Motley Fool |
| 0:33.8 | Healthcare Contributor Todd Campbell. Todd how's the week treating you? |
| 0:37.0 | Hi Christine boy we are going to be talking about some pretty mind-blowing numbers today aren't we? |
| 0:44.2 | Yeah big numbers that are going to be hard to wrap your brain around but they'll still |
| 0:49.4 | be really interesting. |
| 0:50.4 | Well Christine I actually have an idea to kind of help, you know, our listeners put |
| 0:55.4 | the numbers in perspective. |
| 0:56.8 | Okay, let's hear it. |
| 0:57.8 | All right, so I'm going to go out on a limb, Christine, you can agree or disagree with me. |
| 1:02.2 | I'm going to go out in a limb Christine you can agree or disagree with me I'm going to go out |
| 1:02.7 | a limb and say that most of our listeners probably you know own a car and they probably |
| 1:09.5 | many of them will own a house right okay. You think that's pretty fair to say? |
| 1:13.8 | Yeah, that seems like maybe most of our listeners. |
| 1:17.0 | Yeah, okay. |
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