Examining the Drivers of Exponential Growth: Regulatory Shifts and the Quest for Reduced Drug Attrition Rates in Pharma
The exponential Organ-on-a-chip Market growth is fundamentally fueled by two powerful external pressures: the prohibitive cost of drug attrition in the pharmaceutical industry and a definitive shift in regulatory acceptance. The failure of drug candidates in Phase II and III clinical trials—often due to undisclosed human toxicity or poor efficacy—costs billions of dollars per...
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