NEQUIMED/IQSC/USP – Grupo de Química Medicinal e Biológica

First it is important to distinguish discovery research from development. Innovation usually doesn’t come from development(doing the regulatory preclinical and clinical testing process). Yet development is what most think about when talking about VC funding.First it is important to distinguish discovery research from development. Innovation usually doesn’t come from development(doing the regulatory preclinical and clinical testing process). Yet development is what most think about when talking about VC funding.

Mike Wokasch

The declining trend is blamed on a failure of innovative drive in the industry, failure to support basic research, failure of venture capital to invest in early stage research, or failure of the Health Service to provide smart procurement.