Drug development or pharmaceutical manufacturers refers to activities undertaken after a compound is identified as a potential drug in order to establish its suitability as a medication and pharmaceutical products must be approved in Whippanyby the Food and Drug Administration (FDA) as being both safe and effective.
Depending on a number of considerations, a manufacturing company in Whippanymay apply for and be granted a patent for the drug, or the process of producing the drug, granting exclusivity rights typically for about 20 years. The owner of the patent need to recover the costs of research and development through high profit margins for the branded drug as a pharmaceutical company in the market with in Whippany .
$14 million Investment in Cleantech Business Incubator Initiative Supports the Development of 141 Clean Energy Companies across the State (Long Island, NY) Governor Andrew M. Cuomo today announced that 141 clean technology companies have been supported and primed for further growth through the Governor’s Cleantech Business Incubator initiative. The initiative has attracted more than $215 million in private capital..