Globalization presents both opportunities and challenges for the pharmaceutical industry. Companies must navigate diverse regulatory landscapes, ensuring compliance while maintaining product quality.
Even in the best funding environments, raising money for drug discovery is an enormous challenge. It takes about 10 years and upwards of a billion dollars to move a drug candidate from the lab through ...
Implementing AI in drug discovery offers significant potential for reducing operating costs, though the extent varies widely. A Deloitte report suggests AI could cut drug development costs by up to 70 ...