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After discovering this, I wondered why the pharmaceutical companies just won’t have another clinical trial. That way they would know for sure, and be able to use it in their advertising. After researching this, I believe the fact is simply funding. In 2005, over $25 billion was spent on clinical observations. On average, pharmaceutical companies spend between $100 and $800 million for each new drug candidate. In 2006, sales of Rogaine (the largest name regarding minoxidil) only agreed to be $31 , 000, 000. Let’s say Rogaine has a whopping 33% profit margin (they probably don’t), and their profit was about $10 million that entire year. At the lowest estimate for a clinical trial, it would take 10 years to have that money back in time. Economically, it just doesn’t work.

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