Eroom's law

id: eroom-s-law-228-282417
title: Eroom's law
text: Eroom's law is the observation that drug discovery is becoming slower and more expensive over time, despite improvements in technology, a trend first observed in the 1980s. The inflation-adjusted cost of developing a new drug roughly doubles every nine years. In order to highlight the contrast with the exponential advancements of other forms of technology over time, the name given to the observation is Moore's law spelled backwards. The term was coined by Jack Scannell and colleagues in 2012 in
brand slug: wiki
category slug: encyclopedia
description: Observation about the discovery of new drugs
original url: https://en.wikipedia.org/wiki/Eroom%27s_law
date created: 2015-10-04T03:41:10Z
date modified: 2024-09-15T04:03:17Z
main entity: {"identifier":"Q25326591","url":"https://www.wikidata.org/entity/Q25326591"}
image:
fields total: 13
integrity: 15

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