A Macquarie University start-up that created a new way to develop drugs faster and more cheaply than current methods, has won a CSIRO innovation award.
Currently it takes over a decade and $2 billion to develop a new drug. Of these, four out of five will never be launched.
If we want everyone in need to have access to affordable and effective medications, we must reduce the time and cost associated with drug development, argues Molecular Sciences’ Professor Peter Karuso.
And that’s what the start-up he founded—Hyperdrive Science—is attempting to do. Continue reading Making drug discovery faster, cheaper and safer