The global pharmaceuticals industry annually spends between $130B - $150B developing, profiling and screening new drugs. Between 97% and 99% of these newly-discovered compounds fail at the later stages of the process - costing an estimated $97.5B - $115.5B per annum.
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Read Press ReleaseThe Socionomics Institute warns that the war on drugs won't let up anytime soon. Not only will it give Prohibition-era violence in the U.S. a run for its money, researchers say it's likely to signal the end of marijuana prohibition.
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