London, UK (PRWEB) April 09, 2015 Pharmacos are developing more effective drug delivery vehicles with the aid of nanotechnology. Lack of specificity induces undue drug wastage, reduced potency and undesirable side effects during treatment. This is a serious problem, especially when a patient is suffering from cancer, where the use of chemotherapy is part of therapeutic regimen. Easy modification, customisability and product cost are set to be the major factors determining the commercial success apart from their pharmacological benefits. Heavy investments in R&D are poised to assist in identifying effective nanoparticle-based drug delivery vehicles. Manifold nanotechnology-based devices, medicines, chips and sensors are undergoing various stages of clinical trials. To date, there are 144 nanomedicines in clinical development. The majority of the nanomedicines are in pre-clinical development phase, followed by research phase. Only a limited number of products are in the market for few indications; currently, 13 nanomedicines are commercially available in the market. Their clinical pipeline is getting stronger year by year and novel incentives are being taken by pharmacos, but the rate of commercialisation of such products is slow and the market size is still limited. To surmount these barriers, the pace of R&D alongside market introduction needs to … Continue reading
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