For years, human civilization has been contending with various diseases and ailments. The quest of gaining knowledge of the unknown has contributed to continuous research and development.
There are a number of biomedical research companies throughout the world that have been doing research on medicines and drugs for years. The vaccines for polio, measles, chicken pox, and insulin treatment for diabetes, are major achievements of medical research and development.
Biomedical research has given birth to a new study- bioengineering, or biomedical engineering. Biomedical research companies recruit biomedical engineers to carry out medical research. Bioengineering enables an individual to use engineering skills for medical research.
Biomedical engineers generally work on analyzing living systems by using the tools of biology, engineering, diagnosis and computational science. The biomedical research companies also design medical devices which contribute to the modern healthcare system.
The developments of Magnetic Resonance Imaging (MRI), artificial joints, heart pacemakers, angioplasty, arthroscopy, kidney dialysis, heart-lung machines and bioengineered skin, are some of the ground breaking inventions by bioengineers sponsored by biomedical research companies.
The biomedical research companies have to undergo regulations before marketing any drug, medicine, or biomedical product. Clinical research is done before clinical trials, and is theory oriented. Clinical trials refer to the previously untested treatment of a new medicine or drug, a new surgical procedure, or new type of treatment.
There are medical regulatory bodies to monitor and regulate the functioning of biomedical research companies. In every country there is one national regulatory authority that regulates any medical invention of a research company.
In the USA, the regulatory body that handles the rules of biomedical research companies is the Food and Drug Administration. The Ministry of Health, Labor and Welfare is the regulator in Japan, and European Medicines Agency is the regulator in Europe.