
Data has highlighted the pharma industry's high rate of Phase III drug terminations and significantly reduced research and development (R&D) spending. According with Thomson Reuters, 2008?2010 saw more than double the number of Phase III terminations compared to 2005?2007, while pharmaceutical R&D spend, in general, hit a three-year low in 2010. The information has been published in the 2011 edition of the Pharmaceutical R&D Factbook, compiled by Thomson Reuters? CMR International unit. A press statement from Thomson Reuters also added that the clinical trials dropout rate is at ?unsustainable levels.?




