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Article: Emerging pharmaceutical trends are becoming unconventional.(EMERGING TECHNOLOGIES IN Pharmaceutical Labs)
- Article from:
- Laboratory Equipment
- Article date:
- October 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 Advantage Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Pharmaceutical companies find themselves confronted with multiple issues that challenge their traditional way of operating. Following several decades of traditional discovery and development procedures for creating chemical compound-based pharmaceuticals, many companies find themselves with fewer "blockbuster"-type products in their development pipelines than they have had in the past. The number of these products is often insufficient to offset those products in the companies' product lines that are close to losing their patent protection. The net result is a declining revenue base.
Additionally, after many years of attempting to shorten the development times ...