Unveiling Pharmaceuticals: Beginner's Overview

Description

Unveil the fascinating world of pharmaceuticals with our comprehensive beginner's overview course. Whether you're new to the field or seeking to broaden your understanding, this course provides a solid foundation in the fundamentals of the pharmaceutical industry. From drug development processes to regulatory frameworks, explore key concepts and gain insights into the diverse facets of this dynamic sector. Equip yourself with essential knowledge to navigate the pharmaceutical landscape confidently. Join us on this enlightening journey and unlock the doors to a rewarding career in pharmaceuticals.

This course is crafted for all the students of Life science stream. This course describes the overview of Pharmaceutical Industry, various departments and its functioning and role in development of medicines and its market release. In this course, a student will get the insight of how a Pharmaceutical Industry operates and maintain compliance in quality. At the end of this course, one will get the learning on Pharmaceutical Industry which will add the educational values.

The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate symptoms. Pharmaceutical companies may deal in generic or brand medications and medical devices. They are subject to a variety of laws and regulations that govern the patenting, testing, safety, efficacy using drug testing and marketing of drugs. The global pharmaceuticals market produced treatments worth $1,228.45 billion in 2020 and showed a compound annual growth rate (CAGR) of 1.8%.

Drug discovery is the process by which potential drugs are discovered or designed. In the past, most drugs have been discovered either by isolating the active ingredient from traditional remedies or by serendipitous discovery. Modern biotechnology often focuses on understanding the metabolic pathways related to a disease state or pathogen, and manipulating these pathways using molecular biology or biochemistry. A great deal of early-stage drug discovery has traditionally been carried out by universities and research institutions.

Drug development refers to activities undertaken after a compound is identified as a potential drug in order to establish its suitability as a medication. Objectives of drug development are to determine appropriate formulation and dosing, as well as to establish safety. Research in these areas generally includes a combination of in vitro studies, in vivo studies, and clinical trials. The cost of late stage development has meant it is usually done by the larger pharmaceutical companies.[81] The pharmaceuticals and biotechnology industry spends more than 15% of its net sales for Research & Development which is in comparison with other industries by far the highest share.

Often, large multinational corporations exhibit vertical integration, participating in a broad range of drug discovery and development, manufacturing and quality control, marketing, sales, and distribution. Smaller organizations, on the other hand, often focus on a specific aspect such as discovering drug candidates or developing formulations. Often, collaborative agreements between research organizations and large pharmaceutical companies are formed to explore the potential of new drug substances. More recently, multi-nationals are increasingly relying on contract research organizations to manage drug development

TAKE THIS COURSE