Dear colleagues,

I have developed a new antibacterial formulation combining a conventional antibiotic with a plant extract. I have already completed preclinical studies (in vitro and in vivo pharmacotoxicological tests) with promising results.

To label this project as an "innovative project" and to continue its development, I need to estimate:

  • The approximate cost of clinical trials (phases I, II and III)
  • The potential revenue this project could generate
  • According to available information, clinical trial costs vary considerably: between $1.4-6.6 million for Phase I, $7-19.6 million for Phase II, and $11.5-52.9 million for Phase III in the United States, with generally lower costs in Europe.

    Does anyone have experience with similar antibacterial formulations and could share more specific cost estimates, particularly in the context of developing countries? How did you proceed to estimate potential revenues?

    Thank you in advance for your advice.

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