Pharma Industry News

IsoChemiX develop molecules to speed up R&D process

Written by David Miller

UK-based pharmaceutical drug discovery company IsoChemiX is developing molecules which will have the ability to cut both the time and cost of bringing a new drug to market.

The R&D process for a new drug is known to take between 10-15 years, with the cost of preclinical testing reaching £1.2bn-1.64bn to get the drug from the lab to the market. IsoChemiX say its product will make the process faster by six months and reduce the overall cost by up to £87m.

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About the author

David Miller

a pharmacist, a tech enthusiastic, who explored the Internet to gather all latest information pharma, biotech, healthcare and other related industries.

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