PubMed · 9072181
Financing gene therapy beyond phase II.
Abstract
If all the gene therapy protocols now in development reach the market, not only will it be a miracle, it will also cost an estimated $37.5 billion. There are around 250 protocols currently in development, most of which are in their earliest phases. Each of them could cost between $100 million and $200 million to take to market. The money raised by gene therapy companies over the 18 months up to June 1996--550 million--would fund the development of only a small handful of protocols. Where, then, will companies get the money for clinical development?
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A Michael. 1996. Financing gene therapy beyond phase II.. https://pubmed.ncbi.nlm.nih.gov/9072181/
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