PHARMACEUTICAL INDUSTRY

Pharma Is At Pains To Replace Blockbusters: Has It Found The Cure?

Pharma Is At Pains To Replace Blockbusters: Has It Found The Cure?

Summary

The advent of chemistry has made the pharmaceutical industry one of the most profitable sectors of the 20th century. However, in recent years there has been a gradual decline of the industry, due to the slowdown in the pace of discovery of new molecules to bring to market an experimental drug. Also, major pharmaceutical companies have they had to develop a range of new strategies to maintain their growth rate. These strategies are mainly in three areas: research ...