Future prospects for the pharmaceutical industry

Abstract

Learning objective This chapter discusses the future prospects of the pharmaceutical industry, especially in the way it affects: • the chemistry of carbon and silicon• the impact of pharmaceuticals on longevity• employment opportunities and world market analysis• drug discovery and drug delivery systems• personalized medicine• drug development, especially for an ageing population around the world the emerging drug market in the world• how advanced technology is helping to shape the twenty-first-century pharmaceutical industry. As discussed in the first chapter, the pharmaceutical industry is highly research based, and there is little to inhibit research. This chapter looks at how future pharmaceutical research will move in different directions, including looking for new molecular entities in pharmaceuticals or biopharmaceuticals, regenerative medicines, personalized medicines, and newer and better drug deliveries.