The journey of bringing a new drug to market is notoriously long, arduous, and incredibly expensive, often taking over a decade and costing billions of dollars. With success rates hovering in the single digits, the pharmaceutical industry is under immense pressure to find more efficient and cost-effective ways to identify promising drug candidates and predict their behavior in biological systems. This is where biosimulation emerges as a game-changer.
Biosimulation involves the use of computational models and software to simulate biological processes and drug-body interactions in silico (through computer simulation). It allows researchers to virtually test hypotheses, predict drug efficacy and toxicity, optimize dosing regimens, and even simulate clinical trials before they ever involve human subjects or even animals. This transformative technology is rapidly becoming an indispensable tool in drug discovery and development, revolutionizing the pharmaceutical and biotechnology landscape.
Biosimulation Market Segmentation
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