Forbes reports on the “boom” in psychiatric drug research that is going on, after a short period where onlookers were claiming that pharmaceutical companies were leaving the business.
“The modern drug business was built on brain medicines: Valium was the first blockbuster, selling 2 billion tablets in 1978, and Prozac defined the industry in the 1990s,” reports Forbes. And while there was talk that the pharmaceutical industry was losing interest in psychiatric drugs, in fact, “the industry is in the midst of a dramatic reversal. Last year investors poured $3.3 billion into firms that are developing drugs for brain-destroying or psychiatric illnesses, more than in any of the last ten years.”
The Coming Boom In Brain Medicines (Forbes, February 11, 2015)