The R&D Pipeline: Pharmaceutical Development Certified Professional™
At the top of the pharmaceutical funnel, research and development of new drugs and treatments is a crucial process that can have huge costs to a business, both in time and money. The timeline for a new pharmaceutical development can take as much as 15 years for a drug or vaccine, and a great number of test cases fail. The International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) reported that in 2015, only 56 new products were launched out of a potential 7000 compounds that were in pharmaceutical development in labs around the world. In other words, that’s a success rate of 0.008%.
Looking to beat the odds are pharmaceutical development professionals, specially trained to decrease that 15-year time to market and anticipate roadblocks along the way. CfPIE’s Pharmaceutical Development Certified Professional™ course teaches the skills required for sound clinical practice and allows for the development of a personalized program, specifically tailored to the needs of your company. Choose from 23 courses covering initial development to the product quality review process, each stage carefully considered by our team of instructors with the credentials and real-world experience required for hands-on learning.
In spite of the slow time-to-market of most drugs and vaccines, pharmaceutical development is a rapidly-changing industry that is specifically impacted by technological change. A major disruptor in recent years is artificial intelligence and AI drug development. Already well underway are studies in Modelling and Simulation (M&S) for dosage investigation. The AI programs reduce the need for human volunteers for trials, resulting in time savings, potentially more accurate results with fewer variables, and most importantly, decreased risk for both volunteers and the company.
In addition, AI has great potential epidemiological applications. Programs are under development to forecast drug demand based on disease outbreaks, age-related illnesses and the like. If the potential demand for a product can be more accurately predicted decades in advance, the role of the pharmaceutical development professional will shift dramatically.
To join this rapidly shifting and always in demand career path, start with us. Learn more about the (PDCP) Pharmaceutical Development Certified Professional™ course.
Sources:
https://www.ifpma.org/wp-content/uploads/2017/02/IFPMA-Facts-And-Figures-2017.pdf
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