What is the main purpose of research and development (R and D) in biopharmaceuticals?

The primary purpose of research and development (R&D) in biopharmaceuticals is to identify potential drug candidates that can be developed into new therapies. This phase involves extensive investigation and experimentation to discover and test compounds that have the potential to treat specific diseases or conditions effectively. During R&D, scientists explore various biological pathways, perform screening assays, and engage in clinical trials to ensure the safety and efficacy of new drug candidates.

Successful identification of these candidates is critical, as it lays the foundation for subsequent development phases, including preclinical studies and clinical trials, which eventually lead to regulatory approval and commercial availability of new treatments. The emphasis on discovering innovative therapies that can address unmet medical needs is what fundamentally drives the R&D process in the biopharmaceutical industry.