High Throughput Screening (HTS) Market Overview and Forecast Analysis to 2024

Albany, NY -- (SBWIRE) -- 04/12/2017 -- High throughput screening (HTS) is a drug discovery technique employed for screening and evaluation of large number of biological modulators and effectors against selected target. Over last two decade, high throughput screening has gained a widespread popularity and has become a standard method of drug discovery in the pharmaceutical industry. The prime goal of high throughput screening technique is to accelerate drug discovery process by screening large number of compound libraries such as combinatorial chemistry, genomics, protein, and peptide libraries at a rate that may exceed a few thousand compounds per day or week. High-throughput screening methods are also used to characterize metabolic, pharmacokinetic and toxicological data for new drugs and thereby eventually reducing the cost of the drug development. High throughput screening comprises of several steps such as target identification, reagent preparation, compound management, assay development and high-throughput library screening.