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All these factors will support the growth of in-house R&D-driven pharmaceutical companies and bring more innovative drugs to Asian markets.”. In 2001, he joined as a principal scientist in the oncology team in the drug discovery division and associate director at Johnson & Johnson. Chemotherapy still accounted for 72.6%
Shots: Immutable capital demands and high-spending drugdevelopment plans are the most common drivers in encouraging fully-fledged private healthcare companies to go public. Founded Year: 2008 No. Funding Value: $7.7M Founded Year: 2021 No. of Shares: 1.3M In Sep’22 stakeholders exercised 0.7M tradable warrants and 0.3M
On the other hand, a lack of diversity in clinical trial populations, particularly when the disease population is significantly underrepresented, greatly diminishes the quality of data obtained for drug safety and efficacy profiles. This may sound obvious, but it is still a major hurdle in drugdevelopment.
In December 2006 it acquired MacroMed Inc, a privately owned speciality drugdevelopment and manufacturing company based in the US, for its lead product OncoGel™ for the treatment of oesophageal and brain cancers. The DEEP study results, along with data from further analyses, are under review by a potential licensing partner.
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