Every business operating in the pharma industry is faced with decisions that cost millions or even billions of dollars and the balance between risk and return is a critical one. Research and development is a hugely expensive and time consuming process so understanding which areas to invest in is critical to big pharma and small biotechs alike.
Biotech companies focused on drug discovery are the lifeblood of the industry but the costs and resources associated with developing new treatments require heavy investment from both private and public equity. To achieve this investment and secure the future of their pharmaceutical business, it’s critical to have accurate, timely data that will demonstrate the likelihood of success in any given therapeutic area