4 Drug Development Trends to Keep an Eye on
Over the past few years, the drug development landscape has evolved. Where it once emphasized blockbuster drugs that were developed in-house by large pharmaceutical companies, the industry is moving toward a more inclusive paradigm centered on the consumer that includes personalized medicine, orphan drugs for rare diseases, new clinical trial models, and the growing use of contract research organizations (CROs) to manage everything from preclinical studies to clinical trials to bioanalysis and manufacturing. New markets are opening up while cutting-edge treatments are becoming more accessible. Here’s a closer look at some of the trends you might want to keep your eye on.
Personalized and Custom Drugs
There has been a growing awareness that the one-size-fits-all medicine
model has its limitations. New technologies, such as the ability to
sequence DNA, have helped the field of personalized medicine continue to
grow. These kinds of custom pharmaceuticals are becoming more
sought-after and increasingly more easily attainable. Taking a
customized approach to drug development has allowed pharmaceutical
companies to create medications and dosing more finely adapted to
specific patients. This includes their genome, development, and overall
prognosis. The resulting benefits are greater efficacy with fewer
adverse drug effects. These benefits extend to both clinical trial
participants and post-market patients. Choosing participants likely to
benefit from DNA sequencing for your clinical trial could lead to faster
testing, smaller trials, lower costs, and shorter regulatory review
times. This, in turn, means the drug reaches the market faster for the
subset of patients who need it.
Treating Rare Diseases with Orphan Drugs
The 1983 Orphan Drug Act gave pharmaceutical companies tax credit
incentives for the sake of public health. Typically, one in 12 people is
affected by a rare disease, but their needs were largely unserved.
There was low market potential for individual treatments for between
6,000 and 8,000 rare diseases. However, recent advances in information
technology that help link researchers to hospital patient data and
positive public opinion have led to more progress in this arena. As
technology advances and needs increase, this trend will continue.
Performing Decentralized Clinical Trials
The modern market necessitates an increase in the growing trend of
decentralized clinical trials. This is mainly for long-term, low-risk
patient trials with a limited number of clinic visits. These first in human clinical trials
make use of recent advances in digital technologies, including wearable
devices, to collect data. This has lowered the barrier to
participation, negating the inconvenience of participating on-site. This
means a wider variety of participant interest and greater retention.
Expanding the Use of Contract Research Organizations
Drug development studies and regulatory processes continue to grow in
complexity. It takes specialized knowledge, resources, and expertise to
take a drug from lead candidate selection all the way to market. As a
result, more than half of clinical trials are now outsourced. Contract
research organizations, especially CROs with manufacturing capabilities,
are used much more frequently than in the past to help ensure a
successful drug development cycle. CROs, especially those with CDMO pharma
services, can help guide your organization through conducting trials,
performing bioanalysis, submitting reports, and manufacturing your
product for the market. Plus, they offer better turnaround times thanks
to their flexibility and agility. Overall, CRO demand is rapidly
increasing to respond quickly to evolving research trends and regulatory
requirements.
About Altasciences
Altasciences
is a mid-sized contract research organization and drug development
solution your company needs for your next drug development project. This
integrated CRO with pharmaceutical CDMO services offers partners over
25 years of research experience for preclinical studies and clinical
trials. Altasciences has developed an innovative approach that companies
in the pharmaceutical and biotechnology industries have come to rely
on. Plus, partners gain access to the Altasciences team’s expertise in a
wide variety of study types and therapeutic indications. This includes
experience in first-in-human clinical trials and CNS clinical trials.
Partners are able to utilize Altasciences’ resources, including over 580
beds, access to an experienced, highly trained staff, and a recruiting
database of more than 400,000 potential participants. Partner with this
trusted CRO/CDMO for all your early clinical development needs.
Partner with Altasciences for your next drug development cycle at https://www.altasciences.com/
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