Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > News > Nano World: Nano to speed drug discovery

March 4th, 2005

Nano World: Nano to speed drug discovery

Abstract:
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.

Source:
wpherald.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Possible Futures

BBC World Service to broadcast Forum discussion on graphene July 6th, 2015

Groundbreaking research to help control liquids at micro and nano scales July 3rd, 2015

Harris & Harris Group Portfolio Company D-Wave Systems Announces 1,000 Qubit Processor and is Discussed in the Economist June 23rd, 2015

Global Nanoclays Market Analysis, Size, Growth, Trends And Segment Forecasts, 2015 To 2022: Grand View Research, Inc June 15th, 2015

Nanomedicine

Miniature Technology, Large-Scale Impact: Winner of the 2015 Lindros Award for translational medicine, Kjeld Janssen is pushing the boundaries of the emerging lab-on-a-chip technology - See more at: http://www.news.ucsb.edu/2015/015744/miniature-technology-large-scale-impact#stha July 7th, 2015

A Stretchy Mesh Heater for Sore Muscles July 6th, 2015

New Biosensor Produced in Iran to Detect Effective Drugs in Cancer Treatment July 4th, 2015

Groundbreaking research to help control liquids at micro and nano scales July 3rd, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project