Open Internet by MindsNet

Inefficient Drug Discovery and Development

The current drug discovery and development process is highly inefficient, with 9 out of 10 drugs failing in clinical trials despite significant investment in R&D. The incentive structure of biotech capital markets and the need to understand how a drug works can slow down the process. Additionally, aging and mental health are emerging as significant medical crises.

Futurism & Emerging Fields, Futures Studies, Future of Healthcare