future market growth

ADME stands for absorption, distribution, metabolism and elimination, a pharmacokinetics and pharmacology term that describes the disposition of a compound or a drug inside the human body. The four processes represent the effect of a particular drug on human tissues. ADME toxicology test is conducted for assistance with development of new drugs. In traditional drug development process, toxicity and efficacy testing is conducted in in-vivo environment which is the major reason for late stage drug failure in human body owing to the genetic and anatomical difference in humans and animals. ADME Toxicology Testing successfully eliminates this barrier and hence, it is being rapidly adopted for drug development practices globally. Establishment of high throughput ADME profiling assays enables effective prioritization of drug candidates or leads based on their biopharmaceutical properties. This can not only improve the overall quality of drug candidates but also considerably shorten the drug...