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New Drugs Value Creation
Tags :
new drugs, new drug, prescription drugs, generic drugs, drugs, medication, intellectual property, patent, biotechnology, biotech, patent law, pharmaceutical industry,
Industry :
Biotechnology
Functional Area : Innovation, new technologies |
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About "New Drugs Value Creation" topic:
The past two decades were a period of rapid development of new drug treatments for various diseases. For many patients, the new medications represent advances over existing drugs with respect to efficacy and side effects, and are generally easier for physicians to administer. Some believe these new drugs have brought about revolutionary changes in the treatment of diseases. At the same time, the growth in psychotropic drug costs has been explosive. Rapid cost increases combined with high accounting profits have brought increased scrutiny to drug manufacturers over whether the drugs they produce are worth the costs. Industry critics argue that while some medications have been genuine breakthrough drugs like the first SSRIs, such as Prozac, drugs and product reformulations have resulted in only modest treatment changes because of their similarity to existing drugs. So let us discuss on this topic....
2 trends
, 6 insight
, 7 debates
, 3 idea contests
, 9 question
on topic: "New Drugs Value Creation"
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Yes
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No
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Navnath K. Bodke
| Argues in support of
"Yes"
| 2 years ago
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yes, we can replace animal studies with in-vitro studies but there are limitations like we can not test antiepileptic effects or antipsychotic effect. all we can do it that try to reduce the use of animals for that we should knpw the 4R consept
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Anindya Basu
| Argues in support of
"No"
| 2 years ago
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I agree that ATC techniques has made tremendous advances in the recent past, even chip technologies have been devised to evaluate the drug actions, however, the simulation of the entire body using these techniques is still far away at the present...
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Agalya Priyadarshni.K
| Argues in support of
"Yes"
| 2 years ago
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Well ACC techniques are a boon in clinical reaearch. Reasons include: 1. Animal usage for testing is reduced though cannot be completely avoided. 2. Provide a platform for preliminary testings of the drug so that confirmed effective drugs in the...
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Debate: "Invitro testing - Can they replace animal testing?." deleted from your view.
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These are the very frequently talked about terms in the field of biotechnology. They are most recent developments in this field but how do they actually help in drug discovery is unknown to most of u...
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Rajesh Kumar Mahato
| Answered
| 2 years ago
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Today we know, life is specified by genome and genome is specified by DNA. Thus, with complete genomic information using reverse vaccinology a new novel gene can be identified which might be the potential to cause disease. Using Genomics and...
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BEENA AGARWAL
| Answered
| 2 years ago
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I agree with Narayana as both the technologies has got their specific impact in drug discovery by all means.Its fact that today these two basic term has got prime importance for basic reasearches in drug discovery and drug manufaturing too.
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Answer: "Are genomic and proteomic technologies adding value to drug discovery?" deleted from your view.
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Ethical issues
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Integration of complex and disconnected data sets.
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Mustafa Mahedvi
| Supported idea
"Integration of complex and disconnected data sets."
| 2 years ago
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Yeah a ot of data right from the R D stage has to be generated, it involves lot of effort and money. Sharing of data within commercial establishment is not possible due to secrecy clause and the ongoing competition. The academia must be invoved...
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Bindu Narayan
| Supported idea
"Drug Discovery Approach"
| 2 years ago
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I agree to you, drugs are tested at molecular level in vitro and then when actually tested on human body they fail. Because human body has many more complications affecting the same process..
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Ideate: "Challenges in the Drug Discovery Process" deleted from your view.
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Ajoy Mondal
| Answered
| 3 years ago
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The clinical investigation of a previously untested drug is generally divided into three phases. Although in general the phases are conducted sequentially, they may overlap. The three phases of an investigation are as follows: Phase 1; includes...
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Bindu Narayan
| Answered
| 2 years ago
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Thousands of chemicals, both synthetic and extracted from "natural" sources, are being examined in the hope of finding new drugs with which to combat human and veterinary diseases. The first step is to use laboratory tests to find if these...
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Answer: "What are the steps that needs to be fllowed for testing a new drug?" deleted from your view.
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Yes
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6
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9
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No
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Narendran Subramanaian
| Argues in support of
"No"
| 2 years ago
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No, This will lead people to consume these drugs with out a proper diagonosis and with wrong dosage resulting to insane to that medicine and other side effects.
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varsha
| Argues in support of
"Yes"
| 3 years ago
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yes i am in favor of advertizing prescription directly to public. thanks
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Debate: "Should drugs companies be allowed to advertise prescription drugs direct to the public?" deleted from your view.
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It was started as an entrepreneurial venture by a team of young scientists from one of the world's largest pharmaceutical companies. . The global headquarters of PTI was located in the United States and the research centers were located in United States, France and India. The objective of the company was to identify new drug targets as well as discover new candidate drugs. . The board of PTI wanted to leverage IT innovatively to drive efficiency and productivity thereby achieving more with fewer resources. Using the hypothetical PTI as an example, the article illustrates how life sciences companies can leverage IT to improve productivity and profits. . A related approach to this is as follo...
Insight: "How Plasma Therapeutics leverage IT to transform Drug Discovery" deleted from your view.
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There are live animal experiments authorized and around the world, animals are used as objects of experiments, to test a variety of products. The product range is as diverse as skin creams and shampo...
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Vinay kumar Pusarla
| Answered
| 1 year ago
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Animal testing can have many different effects on an animal depending on the species, but these are the most common: 1. Loss of life 2. Impared hearing or other senses or complete loss of them 3. Impared movement 4. May cause the animal not able...
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Moparthi Sai Ramya Sree
| Answered
| 1 year ago
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it destroys the general eco system the experiments must be in such a way that they won't destroy the habitat
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Rajendra K Labala
| Answered
| 2 years ago
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We can use bioinformatics protocols or in-silico techniques to minimize the animal testing. Yes, I know at every place its not an easy idea to apply but its not impossible...!!!
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Answer: "What is the effect of animal testing on animals?" deleted from your view.
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1
A heart rhythm disorder..
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Bindu Narayan
| Added idea
"A heart rhythm disorder.."
| 2 years ago
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A new computer system has been described in the November/December issue of the ACS's bi-monthly Journal of Chemical Information and Modeling.It will detect a heart rhythem disorder with high accuracy and predict the mishaps.. Such screening will...
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Ideate: "How can we Prevent Costly Missteps In Drug Development..??" deleted from your view.
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Yes
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10
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sneha shukla
| Argues in support of
"Yes"
| 2 years ago
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definately, plants r not going to serve but r serving as "organic factories".there is no two ways about it.the GM crops are already known by all.ofcorse the GM crops have risks associated with it but as d rule says-"no risks,no gains".afterall...
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Kaushik Dutta
| Argues in support of
"No"
| 2 years ago
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Genetically modified crops have generated much public interest and controversy. Scientific information available today is not adequate to draw conclusive deductions on the potential benefits or risks of the genetically modified plants to the...
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Tipirneni Sridhar
| Argues in support of
"No"
| 2 years ago
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Though plants can be used for manufacturing of biopharmaceuticals on an economic platform, the intricacies involved (with respect to genetic engineering procedures and adaptability of the transgenics) are hindering the process. As we can see from...
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Debate: "Will plants serve as a type of "organic-factory" to produce drugs?" deleted from your view.
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Yes
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1
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0
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No
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Bindu Narayan
| Argues in support of
"Yes"
| 2 years ago
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In the wake of several notorious drug withdrawals caused by unsuspected toxicities, pharmaceutical companies are searching for ways to minimize the escalating risks and costs of drug development. Biomarkers of toxicity offer the hope of producing...
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Debate: "Can Biomarkers Increase R&D Productivity? " deleted from your view.
Other knowledge matching "New Drugs Value Creation" topic
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Activity:
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Biotechnology V/s Intellectual Property Intellectual Property is the term used to describe the branch of law, which protects the application of thoughts, ideas, and information, which are of commercial value. It thus covers the law relating to patents, copyrights, trademarks, trade secrets and other similar rights (Cornish, 1989). MODERN BIOTECHNOLOGY -- or "biological engineering," as some have called it -- has excited the imaginations and provoked the concerns of almost every part of society Biotechnology companies and much of the mass media tout advances in modern biotechnology as little less than miraculous. The new techniques of engineering life are said to be responsible for two revolutions in contemporary society: a technological revolution, which promises solutions to hunger and disease, and a productive revolution, which will increase the efficiency of research development and manufacture of new products. Coupled with strong domestic and international intellectual...
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Activity:
10 referals
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4 comments,
2534 views
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Future for the biotech industry is great and booming everyday. The first step in this direction was already taken recently, when genetically modified tropical fish with new and brilliant colors appeared in pet stores. Yet this technology has to progress to become user friendly.Also the breeders of plant species see a big future in this technology. This business is time consuming and scientists spend their life doing new experiments everyday.Also with emergence of genetic engineering, one can breed new varieties of roses and orchids.Also, progress is continuing in field of human genome project and deciphering the codes of genetic codes. Domesticated biotechnology, will help in crop production and in production of variety of new species of nutrition rich food material.New lineages will proliferate to replace those that monoculture farming and deforestation have destroyed. Designing genomes will be successful as maximum efforts are taking place in this regard. One interesting thing...
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