New Research Profiles the State of Biomarkers in Product Development
Informing the Drug Development Industry
CARY, N.C.--(BUSINESS WIRE)--Jun 28, 2010 - Industry Standard Research (ISR) today announced the release of The State of Biomarkers in Drug Development report. 44 pharmaceutical and biotechnology professionals provided their strategies, insights, and predictions in this snapshot of a rapidly evolving market. In total, 37 significant pharma and biotech companies contributed to this endeavor.
"There is a real desire within our industry for a better understanding of how biomarkers are being incorporated into clinical trials. In particular, drug developers - operating in a vacuum - are unsure of their own strategies and progress and CROs are wondering how much to invest in expensive technologies and capabilities because they do not yet understand how rapidly these technologies will be adopted by their customers," explained Kevin Olson, President, ISR. Olson went on to state: "This report shines a spotlight on developers' current and future adoption of six categories of biomarkers, including: Surrogate Biomarkers, Toxicity Biomarkers, Diagnostic Biomarkers, Early Detection / Screening Biomarkers, Prognostic Biomarkers, and Predictive Biomarkers. Because this technology is advancing so rapidly, we felt it was important to not only capture current use of these biomarkers, but also to estimate the increase in use out to 2013."
In addition, the report details current and future adoption of several specific biomarker technologies including Bioinformatics and Systems Biology, Genomics, Glycomics, Histomics, Imaging, Metabolomics, and Proteomics. It also uncovers at what stages of a product's development the drug developers typically formulate their biomarkers strategy; the percent of products in the pipeline with biomarker strategies; the likelihood of outsourcing biomarker development work; and the drivers and barriers to companies expanding their biomarker strategies.
Kevin Olson, President ISR, further explains:
"With the scarcity of experts in the field of biomarkers, we were excited to capture the perspectives of 44 in our research and we expect that the industry will benefit tremendously from their candid insights."
About Industry Standard Research
Industry Standard Research is the premier, full service market research provider to the pharma and pharma services industries. With over a decade of experience in the industry, ISR delivers an unmatched level of domain expertise. For more information about our syndicated and custom research offerings, please visit the company's Web site at www.ISRreports.com or email [email protected]