Forum Article · Volume 2, Issue 4 · pp. 339–341
Uncovering Negative Results: Introducing an Open Access Journal “Journal of Pharmaceutical Negative Results”
Vipra Kundoor1, Mueen Ahmed KK2
- 1U. S. Food and Drug Administration, Rockville, Maryland, USA.
- 2Department of Pharm Sciences, College of Clinical Pharmacy, King Faisal University, Al-Ahsa, KINGDOM OF SAUDI ARABIA.
Abstract
Drug discovery nowadays is a highly innovative process by which new drugs are discovered and/or designed. It is expected that in the year 2010, at least 50% of all new approved drugs will come from the biopharmaceutical sector. The discovery and validation process is mostly carried out by new innovative and medium-sized companies. But, despite advances in technology and greater understanding of biological systems, drug discovery is still a lengthy process. Specialized drug discovery companies need an ideal business climate, that is, political, economic and social conditions, to be able to cope with the entrepreneurial risks of drug development.
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