Cloud-based Solutions for Drug Discovery, Development and Manufacturing Market

Mason98726 Apr, 2021Web Development

The process of drug development and manufacturing is estimated to take around 10-15 years. In addition, according to a study published in the Journal of the American Medical Association, it was estimated that approximately USD 1.3 billion in capital investment is required in progressing a single pharmacological lead from the bench to the market. It is also worth highlighting that close to 90% of pharmaceutical product candidates fail to make it past the clinical stage of development.