What are Research and Development? R&D is a scientific process by which new drugs are developed for the treatment of a disease, an illness or condition. It involves the process of evaluating potential medicines and their effects on human health. The development of new medicines is carried out through various methods, such as clinical trials, drug manufacture and drug marketing strategies. The major components of R&D include the basic research, the clinical trials and the drug approval processes. For details on Paid Clinical Trials, go to Trials 4 Us
The traditional pharmaceutical companies also conduct research and development activities for the production of essential medicines, but for the production of commercial-grade drugs, they depend mainly on the commercialization processes carried out by the pharmaceutical companies.
What are research and development not? This question may be asked by some people who think that there is a link between the term and the expenses involved in the process; however, what is research and development is not research and development per se, but the process by which new medicines are brought to the market for commercialization. It is only in recent years that pharmaceutical companies have started investing in the development of new medicines. The traditional pharmaceutical companies also conduct research and development activities for the production of essential medicines, but for the production of commercial-grade drugs, they rely mainly on the commercialization processes.