Press Release (ePRNews.com) - TORONTO - Jul 11, 2018 - If all the molecules in discovery and development were added together over recent years and compared to the number of successful drug approvals each year, the ratio is (approximately) 10,000:1.  In other words, for every 10,000 molecules entering drug discovery, only one will become a successful marketed drug (and even then, it is not certain development costs will be recouped). Couple this extraordinarily high attrition rate with a lengthy, complex and expensive process (average 12 years in development and cost of £1.15 billion ) and it is clear that drug development is an industry where the risk of expensive failure is high.
Join this live webinar on Wednesday, July 25, 2018, at 11 a.m. EDT (4 p.m. BST/UK) to learn about the FDA’s new drug-drug interaction guidance and how these metabolic risks can contribute to non-approval, delay and withdrawal from the market.
Guy Webber, BSc (Hons), MSc (Dist), Scientific Manager for In Vitro & DDI Interactions Sciences at Envigo, will discuss how in vitro assays can be used to identify potential metabolic risks during drug development and how to use this information to de-risk your drug.
For more information about this complimentary event, visit: How the New FDA Drug-Drug Interaction Guidance Fits Within the Drug Development De-Risking Model.
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 Torjesen, I. (2015, May 12). Drug development: the journey of a medicine from lab to shelf. Retrieved from https://www.pharmaceutical-journal.com/publications/tomorrows-pharmacist/drugdevelopment-the-journey-of-a-medicine-fromlab-to-shelf/20068196.article Source :