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Home > News > Promise of Revolutionising European Drug Discovery Markets

May 30th, 2006

Promise of Revolutionising European Drug Discovery Markets

Abstract:
The advent of nanotechnology-based products such as nano-arrays and dendrimers is anticipated to revolutionise treatments for diseases such as cancer. The realisation that the nano-scale has certain properties needed to solve important medical challenges and cater to unmet medical needs is driving nano-medical research. Increasingly, research is focusing on the novel chemical and physical properties of nano-sized materials to develop new applications that improve human health. Frost & Sullivan finds that the Drug Discovery Nanotechnology Market in Europe earned revenues of US$174.2 million in 2005 and estimates this to reach US$545.4 million in 2012.

Source:
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