In the digital age where technology is leading the way blockchain has emerged as a disruptor in several industries from financial services to energy and life sciences Blockchain allows visibility and data integrity along with security against data hacking through decentralised blocks linked by the cryptography technique The pharma industry has f...
In recent years Chinas investment in drug innovation has been on the rise The countrys pharmaceutical market is second only to the US at approximately US billion as of and is expected to increase at a CAGR of per cent to US billion by Interestingly China has become the leader in API manufacturing and exports Historically the pharmaceutical marke...
Despite years of efforts drug development continues to be challenging complex costintensive and timeconsuming The pharma RD process requires years of research and huge data gathering Through the whole process from discovery and development to clinical trial a drug developer would have gathered massive data on compounds diseases patient information...
Continuous screening provides employers with a valuable tool to best evaluate their risks and ensure they place their employees in the most appropriate positions Lucia Bone Performing background verification or screening of new hires has been a practice the world over to ensure the organisation employs individuals that are talented and skilful a...
If we hope to create something of lasting value we need to start with what people want not just with whats technically possible IDEO a global design firm Innovation and technology advancements play a key role in product design and development but it is imperative that companies bring in a humancentred approach The advent of new technologies suc...
Modelling Simulation in Drug DevelopmentPharma companies look to improve experimental drug success rate and accelerate clinical development while striving to improve efficiency costeffectively It is imperative for companies to be cautious in decision making to increase the probability of commercial success for developing the drug Major pharmaceuti...
Pharma industry has witnessed a staggering decline in RD productivity and is now a major cause of concern for the industry players This decline contributed to a downfall in the return on investments over the last two decades Interestingly there has been a trend reversal with increase in clinical trial success rate and drug development during Incre...
From initiation to marketing of the drug compounds face numerous challenges to become an approved drug Apart from preclinical financial and approval stages successful recruitment of patients for conducting clinical trials is one of the most challenging aspects Factors like lack of patient education about clinical trials and complex study designs ar...
Translational Medicine TM has redefined Pharma RD It has broken down the silos that existed between research drug development and clinical medicine and as a result presented a great promise At a time when the industry is struggling to keep up with rising costs thinning pipe lines and a high failure rate for drugs during trials a process like TM poi...
Pharmaceutical regulators are becoming more cautious about approving innovative medicines for consumers safety The US Food and Drug Administration FDA has established many regulations that govern the development testing and production processes of drugs As part of streamlining these processes and addressing the cost trends FDASIA FDA Safety and Inn...
