Cost Of Medical Research
Cost on medical research is huge. Pharmaceuticals companies spend nearly $100 to $800 million for each drug applicant. Studies conducted by CMSInfo, Chesam, UK says that the US research companies had spent approximately $24 billion in the year 2005 and this figure is likely to touch $32.1 billion in the year 2011 which gives an average growth rate of 4.6 percent per year.More...
Animals on Medical Research :
Use of animals in medical research has immensely contributed in almost every major medical breakthrough. An estimated 50 to 100 million animals are routinely used every year for research purposes across the globe in various research organizations including universities, medical schools, pharmaceutical industries, biotechnological firms, defense establishments and commercial institutes that provide animal-testing facilities. More...
Mistakes In Clinical Trials
Mistakes in clinical trial although not common but has raised concern after few repeated incidents that had occurred in the near past. Safety is a paramount importance for any clinical trial study. The responsibility of such an important aspect does not lie on a single department. This responsibility is being shared mutually between the sponsor of the trial, the local site investigator, and the different institutional review boards. Sometimes, even the regulatory agencies of the country where a particular medicine or the device will be marketed are involved.More...
Advantage Of Stem Cell Research
Stem cell research has many advantages to its credit. One may wonder that there exist methods where in the damaged organ can be cured without needing the transplant. Advantages of stem cell researches are listed below.More...
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