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The impact of crowdsourcing in modern drug discovery

  • Pharmaceutical companies are among the top investors into research and development (R&D) globally, as product innovation is still the main growth driver for the industry and because the related complexities necessitate enormous R&D investments. The market demand for new medicines to be more efficacious or to provide better safety than existing drugs and the regulatory need to prove superiority in clinical trials are reasons why drug R&D is increasingly expensive and pharmaceutical companies need to manage extraordinarily high costs per approved new compound.

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Author of HS ReutlingenSchuhmacher, Alexander
Erschienen in:Expert opinion on drug discovery
Publisher:Taylor & Francis
Place of publication:Abingdon
Document Type:Journal article
Publication year:2020
Tag:crowdfunding; crowdsourcing; drug discovery; open innovation; open source; pharmaceutical industry; virtual R&D
Page Number:3
First Page:865
Last Page:867
DDC classes:610 Medizin, Gesundheit
Open access?:Nein