Billion Quote by David Mixner
“Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return.”
About This Quote
Source Interview: "The Economics of Biologics" with David Mixner, 2021
The quote explains that high development costs drive investment toward profitable, often complex, biologic drugs.
In simple terms: High costs push investment to profitable drugs.
Key Takeaway
Consider cost‑effective innovation.
Themes
pharma economics
investment
innovation
Mood
concerned
pragmatic
Type
industry
policy
When to use this quote
- drug development
- venture capital
Key Concepts
market dynamics
healthcare policy
Questions to Reflect On
- How can we balance profit and access?
- What alternatives reduce cost?
A Different Perspective
It may ignore public health needs.
