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This involves various phases that can broadly be grouped in 4 stages: discovery, pre-clinical, clinical trials and marketing (or post-approval). It usually has several number of compounds in the pipeline.
The drug pipeline is an important indicator of the value and future prospects. Usually the more compounds in the pipeline, and the more advanced stage that these are in the better.
Other factors that are taken into account when assessing the value of a pipeline include the size of the target market of each drug, the market share that the drug is expected to capture and the risk that it will not be approved
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