Drug development is one of the most crucial — and time-consuming — processes in medicine. Here's how big data can help.
Big data is a game-changer in many industries. The healthcare sector can gain even more than most, considering how advances here can save lives, not just money. Medicine development, in particular, could take some massive steps forward thanks to big data. What Does the Medicine Development Process Look Like? Developing a new medicine is a long, expensive process. It takes an average of 12 years to take a drug from discovery to launch, and it costs millions of dollars.
The healthcare sector can gain even more than most, considering how advances here can save lives, not just money. Medicine development, in particular, could take some massive steps forward thanks to big data. What Does the Medicine Development Process Look Like? What Does the Medicine Development Process Look Like? Developing a new medicine is a long, expensive process. It takes an average of 12 years to take a drug from discovery to launch, and it costs millions of dollars.
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