Pharma companies – the big R&D spenders

Unlike all other modes of spectroscopy that are used in Pharma companies – for example measurement of protein or DNA the most predominant one is Raman Spectroscopy. The one technique that has been used predominantly in the Pharmaceutical companies is Raman spectroscopy. This is a relatively simple technique that is used to identify the specific…

Drug Discovery is obviously expensive but the scientists that actually make the discoveries, make very little money. Yes, they might get a bonus or two but it is nowhere close to what the Vice President of the President of the division will make, who get a decent compensation package with stock options and other bonuses….

Nearly 100 cancer physicians had published a report in Blood that the prices of drugs for cancer that typically cost about $100,000 per year are unsustainable and something needs to be done to manage that for the patients. The article is worth a read and compares a UK study which typically puts as a life…