Drug discovery services have undergone a drastic change with the advancements in modern molecular biology methods and advanced knowledge of human genome. Drug discovery is becoming more hypothesis-driven target-based approach. Pharmaceutical companies and regulatory bodies are contributing to the drug discovery. Major pharmaceutical companies are also focusing on developing the team of excellent scientists working in many therapeutic fields and technologies. In the recent years, there has ... Read more
Drug discovery services have undergone a drastic change with the advancements in modern molecular biology methods and advanced knowledge of human genome. Drug discovery is becoming more hypothesis-driven target-based approach. Pharmaceutical companies and regulatory bodies are contributing to the drug discovery. Major pharmaceutical companies are also focusing on developing the team of excellent scientists working in many therapeutic fields and technologies. In the recent years, there has ... Read more
The global drug discovery services market is thriving on account of the rising impetus given to research and development across several industrial. Drug discovery forms an important niche of the pharmaceutical industry, and the extensive efforts employed by researchers to invent new drug models have popularized the market. The pharmaceutical companies have become increasingly concerned about manufacturing novel drugs, ... Read more
Drug Discovery Services market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global revenue market share of key companies in Drug Discovery Services business, shared in Chapter 3.
Drug discovery is referred to as the process of identifying and developing a compound that has pharmacological activity and is useful in treating disease. Drug discovery is a complex and lengthy procedure that proceeds through various stages in order to produce a product that is efficacious, safe, and holds regulatory compliance. Drug discovery is a costly procedure. According to a study by the Tufts Center for the Study of Drug Development that was conducted in 2014, the cost of developing ... Read more
The drug discovery services market mainly grow due to the augmented demand and supply for the medicines. Moreover, factors such as the increasing technological advancements and the adoption of new techniques for discoveries alongside the rising generic drugs, and the growing number of patents expiries are escalating the market on the global platform.
MRFR recently published study report asserts that the Global ... Read more