Pharmaceutical companies are now seeking to find better ways to reduce operational costs and increase output of new drugs through innovation within research and development.
Toronto, Canada (PRWEB) August 26, 2014
Historically, drug development has faced a number of challenges and the list continues to grow – high attrition rate, low productivity, patent expiry, rising costs of research and development, high regulatory hurdles and increasing concern about adverse side effects. It has also become clear that the traditional business model of pharmaceutical companies is no longer sustainable. Pharmaceutical companies are now seeking to find better ways to reduce operational costs and increase output of new drugs through innovation within research and development.
Drug research and development is a dynamic process, requiring integration of activities across a number of preclinical scientific disciplines for successful progression of therapeutic candidates. The presentation will review the critical challenges in pharmaceutical R&D and highlight how innovative approaches can help to overcome these hurdles. Dr. Yan will also share some cases to illustrate how Covance has helped its partners reach their unique milestones by applying a seamless and strategic approach.
This webinar is part of a series presented by Covance titled “Insights on Improving Global Drug Development from Bench to Commercialization.” For more information about the series or to register for this webinar visit: Transitioning from Bench into Clinical Phase.
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