RISC-V Summit: Q&A with Silicon Labs Exec on IoT Hardware
The electronics field has a good deal in common with the pharmaceutical industry. Both spend massive amounts of cash on research and development and yet are struggling to maintain former innovation benchmarks.
In 2003, the average cost of developing a marketable drug was $802 million, not adjusting for inflation. Now, the figure is around $2.6 billion. Complicating matters for the pharmaceutical industry are global efforts to curtail drug costs.