Due to the ever-increasing costs and high attrition rates associated with traditional drug development methods, the pharmaceutical industry and regulators alike have identified the need for more innovative approaches to improve productivity in pharmaceutical research and development.
In this lesson, you will explore pharmacometric modelling, including its components, impact and potential for the pharmaceutical industry.
On completion of this lesson, you should be able to:
- Determine the role played by pharmacometrics within drug therapeutics
- Describe the historical background of pharmacometrics
- Explain the relevant language and terminology of clinical pharmacology and pharmacometrics