Cost of drug development

When you get sick and the doctor gives you medicine, that medicine had to be made by someone. People who make medicine are called drug companies. To make the medicine, they have to do a lot of work.

First, they have to check if the medicine is safe for people to take. They do this by testing it on animals first. This is called a clinical trial. They make sure that the medicine does not make the animals sick, and that it might help them instead. If it works well in animals, it can be tested on people. This is another trial, and it is called a human clinical trial.

Drug companies spend a lot of money on these trials. It can cost millions of dollars. They also have to pay scientists and researchers to work on the medicine. All of this adds up to make the cost of drug development very high.

One reason for the high cost is because not all medicines work. Sometimes, they spend a lot of money on trials and then find out that the medicine is not safe or does not work very well. When this happens, they have to start all over again.

So, in summary, making medicine is a lot of hard work that takes a long time and costs a lot of money.