The Lifecycle of a Drug (Pharmakon) or Biologic is initiated to address a disease or an ailment for which there is an unmet clinical need or to improve existing therapies. The Process involved in developing a new drug from the initial idea to the marketing of a finished product is a complex and stringent process that takes 12–15 years approx. and costs around $1 billion. Any development process should ensure that the drug possesses quality, safety efficacy and compliance with the regulatory...