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10 Drug Companies Work Together

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Drug development has become such a daunting process
. . . that the world’s largest and most competitive pharmaceutical companies
. . . are banding together to streamline the pathway.

10 drugmakers launched TransCelerate BioPharma Inc.,
. . . with the goal of improving the quality of clinical studies and
. . . bringing new medicines to patients faster.

Its mission will be to overcome the inefficiencies in clinical trials that contribute to
. . . the 10- to 15-year-long, $1.2 billion journey
. . . that a drug makes from discovery to market.

Johnson & Johnson, Merck & Co Inc and Eli Lilly & Co,
. . . have begun securing approval from as many as 100,000 clinical investigators
. . . to enter their details into a database, aimed at streamlining paperwork and
. . . speeding the process for testing new drugs.

Source:  nature  reuters  fiercebiotech  medcitynews


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