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"develop new medicines" is correct and usable in written English.
You can use it when discussing the development of new medical treatments or pharmaceuticals. For example: "The goal of the research team is to develop new medicines that can combat the spread of disease."
Exact(38)
Bioprospecting--the exchange of plants for corporate promises of royalties or community development assistance--has been lauded as a way to develop new medicines while offering southern nations and indigenous communities an incentive to preserve their rich biodiversity.
"The more we can understand shapes of proteins in our bodies and the shapes of potential drugs interacting with the shapes of proteins, the better we can attempt to develop new medicines," said futurist Ramez Naam, a former Microsoft software developer.
Big pharma is struggling to develop new medicines.
These are small creatures but they nevertheless mimic many human cognitive attributes and have already helped develop new medicines.
Some commentators fear that if imports became widespread, the industry would be unable to afford to develop new medicines.
Last summer, Congress approved Bioshield, a $5.6 billion program of incentives to industry to develop new medicines to cope with the threat.
Similar(22)
They say they are giving consumers more information about the supply chain but also must spend billions of dollars and conduct years of research to develop new medicine.
Medicines developed for these diseases are primarily done so through product development partnerships, organizations that focus on developing new medicines and diagnostics for diseases inherent to low and middle income countries.
His expertise is in drug development; at the moment, he's heading up a group of statisticians developing new medicines for leukaemia and lymphoma.
It's about developing new medicines.
Under the stimulus of war, governments poured resources into developing new medicines and technologies.
More suggestions(16)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com