The new edition of this best-selling book continues to offer a user-friendly, step-by-step introduction to all the key processes involved in bringing a drug to the market, including the performance of pre-clinical studies, the conduct of human clinical trials, regulatory controls, and even the manufacturing processes for pharmaceutical products. Concise and easy to read, the book quickly introduces basic concepts, then moves on to discuss target selection and the drug discovery process for both small and large molecular drugs. The third edition will improve the appeal of the book by (i) inclusion of latest developments and updates, (ii) provision of more comprehensive topics and (iii) inclusion of more materials and case studies suited to college and university use. Biotechnology is a dynamic field with changes across r&d, clinical trials, manufacturing and regulatory processes.