There hasn’t been an industry till date that has not witnessed the dynamic innovation powered by Nanotechnology- and thankfully, Pharma is no different! The influence of the applications of nanotechnology in the healthcare sector has been considerate. So how is nanotechnology influencing the dynamic Pharma industry?
The Ground Reality!
From accessing medicines to defining product quality, assisting supply chain, and manning ethics in sales and marketing, there are quite a lot nanotechnology-enabled factors that have been influencing the tremendous scopes of Pharma industry. It wouldn’t be wrong to say that this form of science has been creating new horizons for the Pharma sector. As far as the approach is concerned, the practices powered by nanotechnology all together are more opportunity enabled than anything risky.
Nanotechnology and Pharma- The Beginning of the Process!
In simple words, Nano resembles a ‘small’ particle. It is rather a particle that is small yet has larger surface area to quickly absorb in the blood stream. According to Dr. David Hollinshead, “Nanomedicines are a better form of medicines as already many pharmaceutical companies have started using this form of technology to assist the purpose of drug delivery and targeting. For instance, if we take the example of oncology, we will find that the science is already using Nanomedicines to test their respective ability of reaching cell targets. The same process, when used with some conventional medicines, was tiresome and less accurate.
Medicine is indeed a big business and some of the renounced Pharma companies have time-to-time selected innovation to redefine the industry in the finest way. In the year 2007, the combined worth of top ten Pharma companies was about $73 billion and more. Approximately ten years later i.e. today, can you estimate the actual worth of this industry? Yes- it is ever-rising and phenomenally sky high. It is absolutely needless to say that Nanotechnology today has the ultimate potential of transforming the digital health industry. The spread of nanoparticles that will freely flow in human body to detect early signs of diseases (be it cancer, heart attack or brain related problems) is an absolute innovation powered by nanotechnology.
Nanotechnology has been assisting the fundamental shift in medicine, making diagnostics more profound and easy to navigate. The future scope of ‘stage zero disease’ is nothing but an ideal state of healthy world. By determining the cell (and not waiting for the formulation of tumor), the medical world will be able to diagnose the potential attack for superior clinical interventions.