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As per available reports about 43 Relevant Journals, 54 Conferences, are presently dedicated exclusively to New Media Medicine
Drug development can be defined as the process of bringing a new drug to the market once a lead compound has been identified through the process of drug discovery. It includes pre-clinical research (microorganisms/animals) and clinical trials (on humans) and may include the step of obtaining regulatory approval to market the drug. New chemical entities (NCEs) also known as New Molecular Entities or (NMEs) are compounds which emerge from the process of drug discovery. These will have promising activity against a particular biological target thought to be important in disease; however, little will be known about the safety, toxicity, pharmacokinetics and metabolism of this NCE in humans. It is the function of drug development to assess all of these parameters prior to human clinical trials.
A further major objective of drug development is to make a recommendation of the dose and schedule to be used the first time an NCE is used in a human clinical trial (first-in-man" [FIM] or : First Human Dose [FHD]). In addition, drug development is required to establish the physicochemical properties of the NCE: its chemical makeup, stability, solubility.It will be further examined for its suitability to be made into capsules, tablets, aerosol, intramuscular injectable, subcutaneous injectable or intravenous formulations.
Together these processes are known in preclinical development as Chemistry, Manufacturing and Control (CMC).Drug development is the process of making a new drug to the market. This can be done after discovering the new compound by drug discovery. Subject new chemicals to a battery of tests designed to detect a particular type of biological activity. Process of drug development can be divided into two types
1) Pre-clinical
2) Clinical
Chemicals can produce by direct synthesis or isolation from the biological sources. Drug companies continuously analyze thousands of compounds to get therapeutic value. Development of drugs is to promise significant benefit over existing therapy for serious or life-threatening illnesses for which no therapy exists before. There would be so many Challenges has to face during the Development of a Useful Drug.New drugs are developed through a sequence of experiments in a sequence of laboratories and animals and then in patients. If the trial result shows that they would help patients, then the drug becomes part of standard treatment.
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MARKET ANALYSIS:
The global chemical industry is expected to grow from $4 trillion to $5.3 trillion by 2020. According to a 2011 report from Pike Research, Green Chemistry represents a market opportunity that will grow dramatically from $2.8 billion in 2011 to $98.5 billion by 2020. The same report also estimates that Green Chemistry is forecast to save industry $65.5 billion by 2020. a part of the $5.3 trillion US chemical industry.
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This page was last updated on April 19, 2024