Big pharma is an industry going through a downturn. According to BioInsights founder, Clifford Mintz, over 300,000 pharmaceutical workers have lost their jobs in the last 15 years. The worst hit areas have been in research and development as well as sales. Increased competition from foreign companies and economic recession are responsible for this downturn.
Every pharmaceutical firm prefers medicinal compounds that would be safe and effective when it comes to drug development. These medicines could help to prevent diseases, ease symptoms, slow down the progression of a disease and cure disabling or lethal conditions. Medical compounds are prepared using techniques such as quantitative structure-activity relationship. From this list of
With personalization happening everywhere around the world, nowadays even personalized medicines are also offered. But what is personalized medicine? As the name suggests, receiving personalized medication for the treatment of diseases is called personalized medicine. According to National Cancer Institute (NIH), “A form of medicine that uses information about a person’s genes, proteins, and environment
Unknown Fact: Did you that like plastics, pharmaceuticals can also be recycled? Yes, pharmaceuticals can be recycled and need to be recycled at any cost. There are merits and even few reasons on why we need to do this responsible act. Some of the significant reasons include: Community Safety: As a part of community, it
Collaboration is not new in the Pharmaceutical industry as it had started few years back. It involves the association of Pharma industry strategists; decision makers’ etc where great things can be accomplished. Collaborating with Pharma officials not only generates recommendations, guidelines, and best practices, but also fosters new models and pushes the whole sector towards
Drug counterfeiting has become a menace in the Pharmaceutical Industry. It has become an easy means for fraudsters to make money and there seems to be no end to their menace. But, What is Drug Counterfeiting? Drug Counterfeiting is forged drug which consists of either a wrong or no active ingredient. The drug may sometimes
In the Pharmaceutical industry, Granulation can be defined as the act or process in which primary powder particles are adhered to form larger, multi-particle entities. Typically during the production of tablets and capsules, granules are made as an intermediate product and have a usual size range between 0.2 to 0.5 mm, while larger granules are used as a
George Clinical’s parent organisation, The George Institute for Global Health and its TEXTCARE application, has been named a top 10 finalist in this year’s Google Impact Challenge. With a top prize of AUD $750,000, The George Institute has the opportunity to use its proven text messaging platform to tackle chronic disease on a global scale.
Packing is an integral part of the pharmaceutical industry. The packing is again of different kinds namely bottles, bags, pre-filled syringes, sachets, blister packs, etc. The blister packs have many advantages because which is popular choice for tablets and capsules by the manufacturers. Some of them include: They protect the medicines from moisture and gas
Good Manufacturing Practice, or GMP, is a set of regulations issued by the US Food and Drug Administration under the Federal Food, Drug and Cosmetic Act. They require processors, manufacturers and packagers of medical devices, drugs and foods to take proactive steps towards ensuring the safety, effectiveness and purity of their products. These regulations ensure