Part I: The Pharmaceutical Innovation Conundrum

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This is part one of what is a 4 part series......

 

if you are interested:

http://www.gooznews.com/archives/000895.html

 

 

 

 

 

Part I: The Pharmaceutical Innovation Conundrum

Breathless reports highlighting the latest medical breakthroughs are a staple of the media landscape, but they mask a darker reality. Pharmaceutical innovation is on the decline. Large sums poured into medical research by the private and public sectors have not produced the promised payoff. The number of important new drugs and biologics introduced into medical practice has dropped precipitously in recent years and has been on a downward trend for over a decade.

The cause of this slowdown has been the subject of much speculation and research, befitting its status as a chronic disease. Despite numerous diagnoses, the sickness still lacks an effective cure.