Sentence examples for develop a new cost from inspiring English sources

As competition shifted to low-cost production of commodity products, the company had to develop a new cost system to give unit managers more reliable information about their production efficiency.

As a starting point, we developed a new cost index for US onshore oil and gas wells based primarily on the API Joint Association Survey 1976 2009 data.

Since late 2004, OneWorld Health, UC Berkeley and Amyris have been working together as the Artemisinin Project to develop a new, low-cost technology platform to provide non-seasonal, high-quality and affordable artemisinin - semisynthetic artemisinin - a key ingredient in first-line treatments for malaria.

It typically cost a pharmaceutical company roughly $200 million to $250 million to develop a new drug; that cost is estimated to be closer to $500 million today, a figure that also accounts for failures along the way.

Mr Mills added: "The development of our iSIS project has enabled us to develop a new generation of low cost, high security, plated coin with multiple levels of banknote-strength security built in".

It is desirable to develop a new method with lower cost and higher sensitivity.

His goals were three-fold: Develop a new way to increase cost efficiencies, strengthen competitive advantage and provide greatest return to shareholders.

In a study carried out by Tufts Center for the Study of Drug Development in 2014, the estimated cost to develop a new drug that gains marketing approval costs $2558 million, a significant increase compared to the previous study, in 2003, which estimated the cost to be $802 million [ 7].

The current new cancer therapy development approaches are difficult, costly, and time-consuming, potentially taking >10 years to develop a new drug and frequently costs more than 1 billion US dollars.

For that, figure ten years of development at a cost of $10 billion to $12 billion, or roughly 25% to 30% of what it would cost to develop a new manned plane, says John Kitowski, a Lockheed Martin systems engineer working on unmanned vehicles.

For that, figure ten years of development at a cost of $10 billion to $12 billion, or roughly 25% to 30% of what it would cost to develop a new manned plane, says John Kitowski, a Lockheed Martin systems engineer.