Issue Date: March 8, 2010
Pesticide R&D Costs On The Rise
Research and development costs associated with bringing a new pesticide to market have skyrocketed over the past decade, according to a study from the pesticide trade groups CropLife America (CLA) and the European Crop Protection Association. The study finds that the costs of discovery and development of a new active ingredient increased from $184 million to $256 million, or nearly 40%, from 2000 to 2008. The dramatic increase is due in part to ever-changing regulatory . . .
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