Latest News by Industry
DUBLIN--(BUSINESS WIRE)--Nov 7, 2022--
The "Small Molecule Drug Discovery Market, By Therapeutic Area, By Process/Phase, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
Small molecule drugs have represented some of the crucial blockbusters in the history of the pharmaceutical industry. Defined as any organic compound with low molecular weight, small molecule drugs have some distinct advantages as therapeutics. Small molecule drugs capable of modulating biochemical processes to diagnose, treat, and prevent diseases. Small molecule drugs are the mainstay of medicine, representing around 90 percent of all approved medicines and 75 percent of all new medicines approved in the U.S. in 2020.
Market Dynamics:
High prevalence of chronic diseases, increase in demand for small molecule drugs, rise in focus on small molecule drug discovery, increasing number of contract organizations, and increase in research and development activities are some major factors expected to augment the growth of the global small molecule drug discovery market.
In July 2022, RxCelerate revealed details of a new small molecule discovery platform, named RxNfinity, which leverages machine learning, in silico structure modeling and combinatorial chemistry in a novel workflow that offers significant advantages over the current generation of tools to identify small molecule drugs against a wide range of protein targets.
In July 2022, Dotmatics announced the release of its Small Molecule Drug Discovery Solution, an integrated scientific research and development platform with pre-configured workflows and expanded data management capabilities. The new solution will help companies innovate more easily by leveraging best practices derived from Dotmatics' 15+ years of experience supporting small molecule drug discovery.
Key features of the study:
Detailed Segmentation:
Global Small Molecule Drug Discovery Market, By Therapeutic Area:
Global Small Molecule Drug Discovery Market, By Process/Phase:
Global Small Molecule Drug Discovery Market, By Geography:
Company Profiles:
Key Topics Covered:
1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Small Molecule Drug Discovery Market - Impact of Coronavirus (Covid-19) Pandemic
5. Global Small Molecule Drug Discovery Market, By Therapeutic Area, 2017-2028, (US$ Mn)
6. Global Small Molecule Drug Discovery Market, By Process/Phase, 2017-2028, (US$ Mn)
7. Global Small Molecule Drug Discovery Market, By Geography, 2017-2028, (US$ Mn)
8. Competitive Landscape
9. Section
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/rb48mf
View source version on businesswire.com:https://www.businesswire.com/news/home/20221107005722/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/07/2022 09:07 AM/DISC: 11/07/2022 09:07 AM
http://www.businesswire.com/news/home/20221107005722/en