New York, May 28, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of the Report “Cloud-Based Solutions For The Drug Discovery, Development And Manufacturing Market By Cloud Type, Service Type, End User, And Key” Known Geographic Regions: Industry Trends and Global Forecasts, 2021-2030 “- https://www.reportlinker.com/p06076410/?utm_source=GNW
It takes 3 billion capital investments to bring a single pharmacological head start from the bank to the market. It should also be emphasized that nearly 90% of the candidates for pharmaceutical products do not make it past the clinical development stage. This high rate of attrition has long been attributed to certain challenges related to the drug discovery process, which is currently more of a trial and error paradigm. Clinical trials account for nearly 50% of the time and investment in a drug development program. Therefore, when such studies are delayed or unsuccessful, developers are …

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