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Driven by new technologies, improved outcomes, and small molecule patent losses
November 14, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
The pharmaceutical industry, namely Big Pharma, has dramatically shifted its R&D focus from small molecule drugs to include a rapidly increasing number of biotechnology products, according to a new analysis from the Tufts Center for the Study of Drug Development. Tufts CSDD found that biotech products accounted for 7% of revenue generated by the top 10 selling pharmaceutical-biotech products worldwide in 2001, and accounted for 71% in 2012. The transformation, according to Tufts CSDD direct...
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