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Tag: time
Streamlinging Pharm Drug Development: Yes, It's Time.
2016-06-01 14:14:49| drugdiscoveryonline Downloads
“We’ve always known that working with multiple CMOs is inefficient — there are handoff issues and no incentive for vendors to work together to speed the process. An integrated CDMO could eliminate many steps and save time by parallel processing other steps. Reducing time to milestone is a top priority for us — this would be highly valuable.” — Small pharma CEO1 The path from molecule to market isn’t getting any easier. The costs of drug development continue to rise. Dramatically. According to a 2015 report by Deloitte, costs have increased by a third in just the last five years2. If that weren’t trouble enough, sales during the same time frame have tumbled 50%3. Increased expenditure and decreased income are a bad combination — especially in an industry where the average cost to bring a new product to market approaches $2.6 billion4. It also helps explain why the ROI on R&D is also down 50%5. Obviously, these numbers are not sustainable in the long run. A fundamental change needs to be made, and soon. But this isn’t news. Nobody in the pharmaceutical industry is unaware of these trends — or their underlying meaning. So what’s the solution?
Tags: time
development
drug
pharm
Streamlining Pharm Drug Development: Yes, It's Time.
2016-06-01 14:14:49| drugdiscoveryonline Downloads
“We’ve always known that working with multiple CMOs is inefficient — there are handoff issues and no incentive for vendors to work together to speed the process. An integrated CDMO could eliminate many steps and save time by parallel processing other steps. Reducing time to milestone is a top priority for us — this would be highly valuable.” — Small pharma CEO1 The path from molecule to market isn’t getting any easier. The costs of drug development continue to rise. Dramatically. According to a 2015 report by Deloitte, costs have increased by a third in just the last five years2. If that weren’t trouble enough, sales during the same time frame have tumbled 50%3. Increased expenditure and decreased income are a bad combination — especially in an industry where the average cost to bring a new product to market approaches $2.6 billion4. It also helps explain why the ROI on R&D is also down 50%5. Obviously, these numbers are not sustainable in the long run. A fundamental change needs to be made, and soon. But this isn’t news. Nobody in the pharmaceutical industry is unaware of these trends — or their underlying meaning. So what’s the solution?
Tags: time
development
drug
pharm
Trafficking Victims In India Would Get Support, Not Jail Time With New Law
2016-05-31 11:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: India's minister for women and children unveiled a draft of the country's first-ever comprehensive anti-human trafficking law, which would treat survivors as victims in need of assistance and protection rather than as criminals. South Asia, with India at its center, is the fastest-growing and second-largest region for human trafficking in the world, after East Asia, says the U.N. Office for Drugs and Crime. There are no accurate figures on the number of people trafficked within South Asia,...
VIDEO: Time off for fans to watch Euro 2016?
2016-05-29 09:39:53| BBC News | Business | UK Edition
Firms should be flexible with staffing during the Euro 2016 football tournament, which begins on 10 June, the conciliation service Acas says.
Time has come to care for water like its precious
2016-05-29 03:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Press Herald: Even in a spring dry by Maine standards, its hard to envision how parched some places can become. Water scarcity is increasingly coming to define landscapes and lives. By the start of 2015, NASA calculated that California had reached a water deficit of 11 trillion gallons (roughly 93 times all the water used annually by Maine households). Global thirst will only grow as the world warms. A new World Bank report, High and Dry, warns that water scarcity aggravated by climate change could lead...
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