Drug Development

4 Phases of Drug Development

4 Phases of Drug Development

Drug Development is a long process. It usually takes about ten years or more for drug discovery & development. Plus, a tremendous amount of investment is required to complete all the phases of drug development. Biotech and pharma drug development process succeed by shrinking the drug development timeline and redistributing their needs to a drug discovery CRO like northeast bioanalytical laboratories and various other services. An Overview of phases of the drug development process  • Drug development costs range from $2 to $3 billion and may span from 7 to 12 years.  • Beginning with the drug discovery phase, critical…
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