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Phase 3 clinical trials

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 11, 2025 by Dave Ricks · across every show →

Everything said about Phase 3 clinical trials, oldest first

Nov 11, 2025
Assertion Not checkable as stated
Ricks: Developing a drug costs $4B, with over 60% spent in Phase 3
“The final stage of testing, the average drug costs three and a half, four billion to make more than 60% of that is the last step.”
Dave Ricks Nov 11, 2025 ▶ 9:12 Dave Ricks, CEO of Eli Lilly, on GLP-1s and the business of pharma
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