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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (891716)	10/5/2015 4:33:13 PM
From: TimF	of 1586668

The cost and time involved in the ANDA [generic application] process varies depending on the drug, its safety, how long it has been on the market, etc. To have an ANDA approved, it typically requires an investment of about $2 million, and it takes a total of two to three years to get the drug to market…in addition to these costs, a company should budget 15% for legal fees, because wherever there is a big manufacturer with a sizable market share involved, they will sue, just to try to eliminate more competition from the market. lifeextension.com slatestarcodex.com

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