In Era of Research Cuts, Romance Blossoming Much Earlier Between Universities and Big Pharma
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Engineering new pharmaceuticals is risky, achingly slow and astronomically expensive. While the estimates of how much it costs to get a drug into patients’ hands vary and are often disputed, Tufts University pegs the figure at north of $2.5 billion. In search of better ways to defray those costs and speed the path to success, Chicago’s elite research universities are partnering with the major pharmaceutical companies, ushering in a new era of early-phase collaboration. Read more.