Drug Discovery, Development and Commercialization

Abstract

Drug discovery development and commercialization explains how a drug is discovered and is allowed for clinical practice. It also explains how product centric changes to patient centric. It is an essential resource for researcher who seeks better understanding between pharmaceutical industry and the society. It also helps in cost management of the drugs. 2015 and 2016 plays an important role in drug discovery, approval and patent rights. Commercialization involves multi organisational effort to gain market access, enhance both patient and healthcare provider access. Nowadays, drug plays an important role in our day to day biological life. Among 5000 drugs only 4 -5 drugs are approved for preclinical research and to human testing, only 1 drug among 5000 is approved for the clinical practice. Here we are trying to get benefits for both the patients and healthcare providers. Food and drug administration is responsible for public health, safety and security by ensuring the safety of our food and drugs. Drug discovery paves wave for many researchers to identify the mutant, fix the target protein and hence our drugs are discovered, then for their research process and then to development and finally to the market. $2.6 billion it takes to discover a drug and to get approval from FDA and then into the clinical market