The Commercialisation Pathway in Canada

August 28, 2012 at 9:23 am Leave a comment

Studies indicate the total cost of bringing a new therapeutic drug to market can reach up to $1.2 billion and requires numerous multi-million dollar rounds of financing. Developing and commercializing a biotechnology product, on average, takes 7 to 12 years. These tremendously long lead times require effective management of capital from the outset of basic research and discovery.

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