ICTR Enrichment Series: Overview of Drug Development and UMB Resources

Abstract

In this talk, Dr. Quraishi demystifies the process of drug development given that it takes seven to ten years, costs millions of dollars, there is no return on investment until the drug is approved, and failure rates are very high. Additionally, there is a complex regulatory pathway and a lot of competition. Dr. Quraishi discusses how all this is managed. She spends the second part of the talk discussing services and support the New Ventures group offers and is developing for those interested in the commercialization of their discovery.