Introduction: Life science is a broad and dynamic field that encompasses various disciplines, such as pharmaceuticals, biotechnology, medical devices, and healthcare services. The advancements in life sciences have a profound impact on our lives, ranging from improved healthcare outcomes to groundbreaking discoveries that shape the future of medicine. In this blog post, we will explore […]
Tag Archives: Drug development
Life Science, Pharmaceutical, Strategy
Addressing Unmet Needs in the Pharmaceutical Industry: Advancing Healthcare for All
14
Sep
Sep
Introduction The pharmaceutical industry plays a crucial role in advancing medical science, improving patient outcomes, and enhancing global health. However, despite significant progress, there remain unmet needs in healthcare that require attention and innovative solutions. In this article, we explore the importance of addressing these unmet needs and how the pharmaceutical industry can drive positive […]
Life Science, Pharmaceutical, Strategy
Understanding the Cost of Drug Development in the Pharmaceutical Industry
16
Aug
Aug
Introduction The pharmaceutical industry plays a crucial role in advancing medical science and improving human health. Developing a new drug is a complex and resource-intensive process that requires substantial investments of time, money, and expertise. In this article, we delve into the various factors that contribute to the cost of drug development, shedding light on […]
26
Jul
Jul
CRISPR is a revolutionary gene editing technology that allows scientists to make precise, targeted changes to DNA sequences within cells. CRISPR stands for Clustered Regularly Interspaced Short Palindromic Repeats. CRISPR is based on a naturally occurring system that bacteria use to defend themselves against viral infections. The CRISPR system consists of two components: a protein […]
29
Jun
Jun
Bringing a new drug to market is a complex and multi-step process that typically involves several stages, including research and development, clinical trials, regulatory approval, and commercialization. Here is a high-level overview of the process of selling a new drug into the market: Throughout this process, it’s important for pharmaceutical companies to work closely with […]
26
Apr
Apr
The COVID-19 pandemic had both positive and negative impacts on the Contract Development and Manufacturing Organization (CDMO) industry. Here are some of the key impacts: Overall, the COVID-19 pandemic had a significant impact on the CDMO industry, and highlighted the importance of agility, flexibility, and digitalization in the face of unexpected disruptions.
14
Apr
Apr
Knowing your customer is crucial in any industry, and the life science market is no exception. In fact, the importance of knowing your customer is even more critical in the life science market due to the complex and highly regulated nature of the industry. The life science market is comprised of companies that develop and […]
04
Apr
Apr
The likelihood of a pharmaceutical drug coming to market is relatively low. Developing a new drug is a complex and expensive process that can take many years and involve significant investment. According to the Pharmaceutical Research and Manufacturers of America (PhRMA), the average cost of developing a new drug from discovery to approval is over […]
15
Nov
Nov
API (Active Pharmaceutical Ingredient) and Biologic are both terms used in the pharmaceutical industry to refer to different types of drugs. The main difference between them is the type of molecule they are made of and the manufacturing process involved. APIs are small molecules that are chemically synthesized in a laboratory. They are typically produced […]