Superporous Hydrogels for Pharmaceutical & Other Applications
Superporous Hydrogels for Pharmaceutical & Other Applications
Kinam Park, PhD, Akina, Inc.
Drug Delivery Technology
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INTRODUCTION
For the Past few decades, the pharmaceutical industry has experienced impressive growth year after year. Continuous introduction of life-saving drugs has propelled this growth. Beginning several years ago, however, the pharmaceutical industry has been experiencing difficulties in producing new drugs. The rate of introduction of new drugs is much less than the rate of blockbuster drugs coming off patent. There are many factors that contributed to the recent downturn in the pharmaceutical industry. The research and development of the pharmaceutical companies is not as productive as it used to be. In addition, the cost of new drug development is escalating every year, and one estimate indicates that the average cost of new drug development is $500 million. While there is no doubt that new drugs are the most important component in drug formulations, drug delivery technologies are also an important component in producing products on the market. Controlled-release technologies allow for effective use of existing drugs and successful development of new drug candidates.
Developing new drug delivery technologies and utilizing them in product development is critical for pharmaceutical companies to survive. This applies to all pharmaceutical companies, regardless of their size. In his book, J?rgen Drews has emphasized that the pharmaceutical industry must accomplish more than it has to date with more modest financial resources.1 One way of achieving this is to apply drug delivery technologies. Advances in drug delivery are occurring at a rapid pace, and it is important to keep up with innovations and applications of these technologies.
To participate in this exciting field of controlled drug delivery at various levels ranging from basic research on delivery technology to product development, we recently started a drug delivery company, called Akina, Inc. Table 1 lists research and development activities at Akina. As the first of a series of articles describing the technologies of which Akina is involved, this article focuses on the use of superporous hydrogels in the development of pharmaceutical, biomedical, and other applications.
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Votes:7