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Why the Need for New Technology in Bio-pharma R&D?

Companies need to manufacture their product candidate under current Good Manufacturing Practice (cGMP) conditions in order to conduct clinical trials. R&D cost in bio-pharma is high and there is a need for more efficient technology as biologics manufacturing is complex and highly regulated by the FDA. Puneet Ramaul of Beroe Inc discusses the challenges encountered by bio-pharmaceutical companies in product development.
http://ipimediaworld.com/wp-content/uploads/2014/03/Why-the-need…pdf.pdf