Study: Number of Drugs Entering Testing Up
The number of drugs that entered clinical testing surged 52 percent in the three years ended in 2005, signaling the pharmaceutical industry may be emerging from its research and development drought, according to a new study by the Tufts Center for the Study of Drug Development.
The increase represents a jump from the 21 percent decline in medicines entering testing in the five years ended in 2002 from the five-year period ended in 1997, according to a study of 10 pharmaceutical makers
According to the Center the improvement seen in the recent study is a result of new technologies that enable scientists to better judge a drug candidate’s likelihood of success and an increase in products licensed from other companies.