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Many Americans Enjoying Longer, Healthier Lives Due to Medical Innovation and New Therapies
Date:2/19/2010

"It's important to keep in mind," said Tauzin, "that developing new therapies can be risky, expensive and time consuming. Creating a new medicine, on average, takes between 10 and 15 years and can cost $1.3 billion. But it's an investment biopharmaceutical research companies make because nothing is as important as the search for new cures and treatments that help patients live longer, healthier lives."

SOURCE Pharmaceutical Research and Manufacturers of America

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