From Ideation to Innovation: Integrating Pharmaceutical Innovation and Sustainable Development

In recent years, there has been a growing focus on sustainability in the pharmaceutical industry by policymakers, consumers, and organizations. This includes concerns about incorporating sustainability into the development of innovative pharmaceuticals that are environmentally friendly. This book chapter will provide a brief historical overview of the pharmaceutical industry. It will explain the definition, types, pros, cons, and limitations of pharmaceutical innovation. It will also explore the connection between each type of pharmaceutical innovation and sustainable development. The role of pharmaceutical innovation in achieving sustainable development goals is highlighted. Limitations and challenges hindering pharmaceutical innovation are extensively discussed, along with strategies to tackle these limitations. The chapter will also highlight potential areas for future research and discuss the challenges and future perspectives of achieving sustainable development in pharmaceutical innovation and usher in a new era of drug development.