drug development Archive

How Technology Is Speeding up the Drug Development Process

On average, it takes up to 10 years and $2.6 billion to bring a new drug to market, according to data collected by the Tufts Center for the Study of Drug Development. This includes both the drugs that successfully make it to market — about 12 percent — and those that fail at some point

At $800 Million, Costly New Drug Developments Demand Consistency

According to information provided in the Congressional Budget Office’s 2006 study, Research and Development in the Pharmaceutical Industry, it costs pharmaceutical companies an average of 12 years and $800 million dollars to create and bring to market a drug that is based on a new molecular entity (NME). In sharp contrast, drugs that are based on

Drug Development

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