On average, the recent research that has been conducted on GMOs, on a per product basis is calculated to be an average of $130 Million (and 13 years). This is a per product average, so each product that reaches commercialization in a given year would also cost something similar to this value.
Please see below for additional helpful resources:
- The Cost and time involved in the discovery, development and authorization of a new plant biotechnology derived trait by Phillips McDougall
- Genetically engineered crops: from idea to product by Prado et al
- GMO Answers infographic on Research and Regulation