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| Top R&D Drug FailuresOncology Dominates with Highest Number of Drug Failures among All Therapy Areas
By: GBI Research The areas of oncology and heart failure are more susceptible to drug failures, as the drugs for these indications must possess a life saving capacity. Indications related to the central nervous system, such as Alzheimer’s disease and multiple sclerosis, are also a key area in which major drugs fail. Due to the complexity of such areas, it is very difficult to find a drug which is appropriate for approval. For the last number of years, pharmaceutical companies have been investing significant amounts in R&D processes, due to the impending patent the patent expiries of their blockbuster drugs and failing trials. During 1996–2009, Roche accounted for the highest R&D expenditure, followed by Pfizer, Novartis, J&J and Sanofi. Roche invested $8.7 billion in R&D during 1996–2009, the highest expenditure of any pharmaceutical company during that period. For Sample Pages, please click or add the below link to your browser: http://www.gbiresearch.com/ For the last number of years, pharmaceutical companies have been investing a huge amount in R&D processes. Companies are struggling to combat the impending patent expiries of blockbuster drugs, and the expense associated with failed trials. Roche recorded the highest R&D expenditure during 1996–2009, with investment of $8.7 billion, followed by Pfizer, Novartis, J&J and Sanofi. Leading business intelligence provider, GBI Research, has released its latest research report, ‘Top R&D Drug Failures - Toxicity and Serious Adverse Events in Late Stage Drug Development are the Major Causes of Drug Failure’, which provides insight into major drug failures during 2005–2010. The 20 drugs included in the report belong to key pharmaceutical companies, and were undergoing research for a major indication. The report also includes the total investment of top pharmaceutical companies in R&D during 1996–2009 and an assessment of the financial loss faced by the company when a drug fails in late stage development For further details, please click or add the below link to your browser: http://www.gbiresearch.com/ Visit our report store: http://www.gbiresearch.com For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GBI Research is a market-leading provider of business intelligence reports. GBI Research covers worldwide markets and issues, supplies actionable data and forecasts and is driven by industry leaders’ insights. GBI Research provides a broad spectrum of reports across the healthcare and energy industries and its online offering is easy to navigate - a comprehensive resource for business information needs. End
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