When ‘Not Guilty’ Is a Life Sentence

Despite Ann’s determination to betray no emotion, a drop of sweat rolled down her temple as a guard painstakingly examined her lunch items. That Sunday morning, she had taken two buses, two trains and a shuttle to get from her home to the New York state psychiatric facility where her son is confined. Frustrated, she […]

Why America Needs Foreign Medical Graduates

As our recent eight-nation bracket tournament showed, many people think the United States health care system has a lot of problems. So it seems reasonable to think of policy changes that make things better, not worse. Making it harder for immigrants to come here to practice medicine would fail that test. The American system relies to a […]

Research and Development Spending to Bring a Single Cancer Drug to Market and Revenues After Approval

Key Points Question  What is the estimated research and development spending for developing a cancer drug? Findings  In this analysis of US Securities and Exchange Commission filings for 10 cancer drugs, the median cost of developing a single cancer drug was $648.0 million. The median revenue after approval for such a drug was $1658.4 million. Meaning  These results […]