As of 2019, the average duration of a patent application phase for a new medicine lasted one year. On average, pre-clinical and clinical phases lasted for nine years in total. This statistic chronologically depicts the average duration of research and development, marketing, and patent phases for a new medicine as of 2019.
Average duration of research and development phases for a new medicine as of 2019
* Patent protection for a pharmaceutical product lasts 20 years counted from the date the patent application was filed (in the U.S.). A Supplementary Protection Certificate (SPC) can extend this up to a maximum of 25 years.
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Market Research Reports. (January 31, 2019). Average duration of research and development phases for a new medicine as of 2019 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1121688/new-medicine-randd-phases-by-duration/
Market Research Reports. "Average duration of research and development phases for a new medicine as of 2019." Chart. January 31, 2019. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1121688/new-medicine-randd-phases-by-duration/
Market Research Reports. (2019). Average duration of research and development phases for a new medicine as of 2019. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1121688/new-medicine-randd-phases-by-duration/
Market Research Reports. "Average Duration of Research and Development Phases for a New Medicine as of 2019." Statista, Statista Inc., 31 Jan 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1121688/new-medicine-randd-phases-by-duration/
Market Research Reports, Average duration of research and development phases for a new medicine as of 2019 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1121688/new-medicine-randd-phases-by-duration/ (last visited November 13, 2024)
Average duration of research and development phases for a new medicine as of 2019 [Graph], Market Research Reports, January 31, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1121688/new-medicine-randd-phases-by-duration/
