How much did iclaprim cost to develop so far7 Oct 2019 18:56
Had a quick look through the accounts to date to get a feel for the financials . Total r and d costs amount to c 76m dollars, so somewhat less in sterling.And in addition we acquired the rights on set up which cost 6m dollars . Around a total of 64 m sterling at current rate of .8 to the pound .Of course the original developer would also have incurred development expenditure but I cant access that .
I noted the following in my perusal
"While Motif's focus must continue to be on the U.S., we see potential for iclaprim in other territories and have been gratified to see interest from potential partners for key countries in Asia and Europe. We remain in contact with these companies and are keeping them updated on our interactions with the FDA.
We also believe that iclaprim could have potential in indications beyond ABSSSI. This includes HABP, including ventilator associated bacterial pneumonia (VABP), as there is a major unmet need for new therapies in this indication, which has a high mortality rate. A Phase 2 trial evaluating iclaprim in patients with HABP has been successfully completed and a Phase 3 trial is planned to start, subject to additional funding and likely with a partner."