Home > News > Nano World: Nano to speed drug discovery
March 4th, 2005
Nano World: Nano to speed drug discovery
Nanotechnology soon could speed the discovery of blockbuster drugs, cutting down the roughly eight to 12 years and $900 million it takes currently to develop a new pharmaceutical, experts told UPI's Nano World.
"A new drug addressing a disease previously without an effective remedy has the potential to generate a revenue of $1 billion per year. It is a classic winner-take-all industry, as the first mover with a revolutionary new drug usually takes over 75 percent of the market -- even years after initial discovery," said Nelesh Patel, an associate analyst with NanoMarkets, a research firm in Sterling, Va.
Lifeboat publishes its first book: The Lifeboat Foundation has published its first book, "The Human Race to the Future: What Could Happen -- and What to Do" May 14th, 2013
UC Santa Barbara History Professor's Book Elucidates, Celebrates ‘Visioneers' May 14th, 2013
Conceptual Nanomedical Lipofuscin Removal Strategy April 29th, 2013
The Global Desalination Market 2013-2023 April 24th, 2013
Nano-needles for cells May 25th, 2013
UofL scientists uncover how grapefruits provide a secret weapon in medical drug delivery May 22nd, 2013
Single-Cell Transfection Tool Enables Added Control for Biological Studies: McCormick researchers develop method of delivering molecules into targeted cells May 22nd, 2013
How Gold Nanoparticles Can Help Fight Ovarian Cancer May 21st, 2013