Innovations
in pharmaceuticals refer to
the development and introduction of new ideas, technologies, and practices that
significantly improve drug discovery, development, manufacturing, and delivery
processes. These innovations aim to increase the efficacy, safety,
accessibility, and affordability of medicines, as well as to address unmet
medical needs. The pharmaceutical industry is constantly evolving, and several
key innovations have emerged in recent years that are reshaping the way drugs
are developed and administered.
Personalized Medicine (Precision Medicine)
Personalized
or precision medicine tailors medical treatment to the individual
characteristics of each patient, such as their genetic makeup, environment, and
lifestyle. This approach contrasts with the traditional
"one-size-fits-all" approach to treatment.