Drug discovery informatics is a functional process performed by biotechnology and pharmaceutical companies that requires the generation of very large data and information. Through application of modern engineering and computational approaches the models are analyzed, visualized and simulated for pharmacological profiling. Further, rising R&D expenditure on pharmaceuticals along with the increasing government focus on drug discovery are some key forces, driving the growth of the drug discovery informatics market over the forecast period of 2019-2026. For instance: According to the U.K. government in 2016, drug development sector and continuous manufacturing would receive funds around USD 82.5 million from government and private sources as part of its new USD 188 million effort and ‘Industry Strategy’ to establish six key research hubs in UK to boost research and development activities related to drug discovery. As a result, the adoption of the drug discovery informatics would increase thereby, contributing towards the growth of the market. However, high pricing and set up cost of informatics software impede the growth of the global drug discover informatics market
Global Drug Discovery Informatics Market is valued approximately USD 1.89 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 11.20% over the forecast period 2019-2026
BRANDESSENCE MARKET RESEARCH HAS ANNOUNCED Top Drug Discovery Informatics Companies 2021:
Jubilant Life Sciences Limited established in 1978 and headquartered in Noida, UP. Specialties in APIs, Advance Intermediates, Fine Ingredients, Drug Discovery Solutions, Nutritional Products, Life Sciences Chemicals, Solid Dosage Forms, Radiopharmaceuticals, Allergy Therapy Products, Crop Science Chemicals, and CMO of Sterile Injectables. Jubilant Life Sciences had 2554 Employees and a revenue of $ 1 Billion.
International Business Machines Corporation is an American multinational technology and consulting company established in 1911 and headquartered in Armonk, New York, NY. Specialties in Cloud, Mobile, Cognitive, Security, Research, Watson, Analytics, Consulting, Commerce, Experience Design, Internet of Things, Technology support, Industry solutions, Systems services, Resiliency services, Financing, and IT infrastructure. IBM had 342,600 Employees and a revenue of $ 77 Billion.
Infosys Limited, is an Indian multinational corporation established in 1981 and headquartered in Bangalore, Karnataka. Specialties in IT Solutions and Services, Consulting, Business Process Outsourcing, Products and Platforms, Engineering Services, Cloud Services, Artificial Intelligence, Digital, and Big Data. Infosys had 240,000 Employees and a revenue of $ 12 Billion.
Thermo Fisher Scientific is an American provisioner established in 1956 and headquartered in Waltham, MA. Specialties in Analytical Instruments, Laboratory Supply Chain Programs and eCommerce, Laboratory Equipment, Lab Services, Specialty Diagnostics, Life Sciences, Pharma Services, and CDMO. Thermo Fisher Scientific had 75000 Employees and a revenue of $ 25 Billion.
Schrödinger, Inc. is an American life sciences and materials science company established in 1990 and headquartered in New York, New York. Specialties in Computational Chemistry Software, Molecular Modeling, Drug Design, Biologics, and Materials Design. Schrödinger had 416 Employees and $ 85 Billion.
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