The cost to develop a new drug

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biopearl123
Posts: 1670
Joined: Fri Jul 20, 2018 5:13 pm

The cost to develop a new drug

Post by biopearl123 » Mon Feb 26, 2024 5:27 am

Yes we have seen a lot of dilution but how much would Janssen have spent to do the same for Imetelstat?

https://www.genengnews.com/gen-edge/the ... 3-billion/
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kmall
Posts: 756
Joined: Thu Mar 21, 2019 3:57 pm

Re: The cost to develop a new drug

Post by kmall » Mon Feb 26, 2024 5:43 pm

This $2B+ figure, will certainly factor into any BO or partnership considerations. -Kmall
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Ryan
Posts: 353
Joined: Sat Jul 08, 2017 1:41 pm

Re: The cost to develop a new drug

Post by Ryan » Mon Feb 26, 2024 10:44 pm

My guesstimate is Geron is at about $1.7 Billion since 1997, specific to telomerase drug development, give or take $300 Million.
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lacour_98
Posts: 17
Joined: Thu Sep 07, 2023 6:57 pm

Re: The cost to develop a new drug

Post by lacour_98 » Mon Feb 26, 2024 11:19 pm

Hopefully JS can negotiate the cost of drug development as a bottom for a buyout. LOL. Seriously, since JNJ has never really left the building, I think things will all spin out in the wash. I don't expect much from Wednesday's Q4 and Annual Report and the conference call, but surprises are sometimes a possibility. Looking forward to ADCOM March 14.
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kmall
Posts: 756
Joined: Thu Mar 21, 2019 3:57 pm

Re: The cost to develop a new drug

Post by kmall » Mon Feb 26, 2024 11:31 pm

Since Janssen funded 50% of both P2 CTs,
I would imagine Janssen spent $150-$300M if not more over the course of 4yrs. -Kmall

https://ir.geron.com/investors/press-re ... fault.aspx
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