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As drugdevelopment professionals know, global health crises like the COVID-19 pandemic provide the public with valuable insights into how clinical research and regulatory processes work.
Drugdevelopment is already a difficult endeavor, with the vast majority of R&D efforts failing to produce a market-worthy product. Even reaching the clinical trial phase offers no guarantees, as only 12% of such drugs receive U.S. While this process is essential, it’s also slow, expensive and unpredictable.
There are so many different types of careers within the field of pharmacy—from research and drugdevelopment to pharmacy informatics! Another unique aspect of this model is that all interprofessional team members can access and document within a universal electronic medical record (EPIC).
By: Mayuri Mutha, Senior Manager, CMC Development & Project Management Joseph Sclafani PhD, Director, CMC Development & Project Management Drugdevelopment is a complex, expensive, and multistage process which could take 10 to 15 years to bring a new molecule from discovery to commercialization.
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Bio-entrepreneurs are interested in developing a diversity of new healthcare products based on new sources, new targets or new formulations. The clinical development and regulatory approval requirements would be different for each of these products.
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