Obstacles in Phytopharmaceutical Drug Discovery and the Urgent Need for
Regulatory and Funding System Reformation
Shankar Ganesh Kanabathy
Department of NIL, Natures Remedies, Malaysia
*Corresponding Author: Shankar Ganesh Kanabathy, Department of NIL, Natures Remedies, Malaysia.
Received:
January 19, 2022; Published: February 17, 2022
Abstract
The global healthcare industry particularly the pharmaceutical industry faces challenges such as toxicity, food residues and microbial resistance. Therefore, the industry has to be transformed towards phytopharmaceuticals to alleviate adverse effects. However, the natural product drug discovery faces stringent regulatory issues, pharmaceutical monopoly and funding constraints. Therefore, the formulation of favorable laws and regulations, is vital, to spur the industry to enable the discoveries of phytopharmaceutical; that may initiate the bioeconomy of tropical countries; especially the poor ones in Asia.
Keywords: Natural Product Drug Discovery; Favorable Regulation; Funding
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