|
Pharmaceutical
High
and rising clinical development costs, coupled with declining drug
discovery success rates and slowing corporate earnings growth have
forced pharmaceutical companies to re-evaluate their drug development
process in order to reduce attrition rates, shorten drug development
timescales and remain competitive.
Over
the next decade biomarkers are expected to radically alter the way in
which pharmaceutical companies determine the economic viability of
their drug discovery process. The use of biomarkers to aid the
discovery of promising products will:
- Create an enhanced
understanding of the clinical development process and
- Help to facilitate the
shift towards 'personalised’ medicine
InVenio™
Technology will be a
key tool that enables pharmaceutical and biotechnology companies to:
1.
Make a step change in the discovery of novel drug targets –
The
identification of new protein biomarkers may be the entry point for new
drug discovery programmes:
- a protein
biomarker may present a target for a new drug entity to be created to
impact upon progress of a disease;
- unravelling
the biochemistry behind the particular levels of protein biomarkers can
provide significant insight into the underlying mechanisms of the
disease process and allow scientists to intervene with a therapeutic
drug at the correct point in the disease’s progression.
2.
Reduce the costs of drug discovery and clinical trials and
shorten drug development times translating into higher sales associated
with longer patent protection in the market by:
- Streamlining
the drug discovery process by identifying whether a potential drug will
be effective on a significant proportion of the population and
eliminating those that will not be from the discovery pipeline earlier
than can be achieved with current technologies.
- Reducing
the size and timescales of clinical trials by identifying biomarkers
that can be used as surrogate end-points for clinical trials thus
reducing the number of patients required per clinical trial and/or the
length of the clinical trial and hence both increasing the speed of a
drug to market and reducing the costs of clinical trials.
3.
Improve the regulatory success rate for market approval and
develop combined drug/diagnostic tests needed for personalised
prescribing – for example, if it can be demonstrated that a drug will
be effective for patients that have a specific protein biomarker, but
not for those without this, it would be possible to provide a test for
the specific biomarker that could be taken before a specific drug was
prescribed, hence significantly increasing the effectiveness of the
drug.
By streamlining the drug
development process and reducing the size of patient cohorts and time
required for clinical trials it has been estimated that:
- The cost of
development of an average drug may be reduced by as much as
$80m
- This would result
in a cost saving to a pharmaceutical company of the order of
$500m per annum.
Achieving
a reduction in the time to market impacts significantly on the period
that a therapeutic may be marketable prior to expiry of patents. For
blockbuster drugs this could be worth in excess of $1.5bn per annum.
|
|
|

>
Markets
©
Pastel BioScience Limited
2008 |