Developing new drugs requires pharmaceutical companies to invest billions of dollars and years of research with no guarantee that their investment will lead to a drug ever being approved for sale. As a result, many companies are looking to information technology (IT) to help improve the efficiency of new drug research and development. If you’re […]
Research and development is crucial in helping develop innovative drugs that could have serious therapeutic and life-saving value for patients. However, researching new drugs takes massive amounts of time and money, which entails a huge amount of risk for pharmaceutical companies. The pharmaceutical industry needs to keep researching and developing new products in order to […]
In the pharmaceutical industry, proper research and development ensures medications are safe and effective. Before landing on the market, each new drug must undergo meticulous research and testing – a multi-phase process that guarantees compliance with industry standards. From lab discovery to market authorization, this process employs highly-trained research and development professionals. While exact procedures […]