The phrase "pursuing the development" is correct and can be used in written English.
It suggests continuing to work on something in order to make it progress, improve, or grow. For example, you might write: "Our company is committed to pursuing the development of new products to meet the needs of our customers."
Notably, pharmaceutical research and manufacturers of America (http://www.phrma.com/) have estimated that its member companies are developing or providing funding for pursuing the development of some 320 biotechnology medicines, with most of these being protein-based.
To support the efforts that are currently being pursued to develop effective vaccines against these viruses, researchers are also actively pursuing the development of small molecule compounds that target various aspects of the virus life cycle.
The Houston firm is pursuing the development of LNG terminals.
In June, Mr. Bolton also said that American officials "know that Syria is pursuing the development of biological weapons".
The United States warned Pakistan against pursuing the development of a nuclear weapon during the Clinton administration.
"Pursuing the development of lethal autonomous weapons would drastically reduce international, national, local, and personal security," Russell said.
Beck says Sunburst Sensors plans to pursue the development of the inexpensive sensor they developed for the competition.
This work pursues the development of an effective small-scale MFC for energy generation from urine.
Last year the company received a National Science Foundation grant to pursue the development of components of a molecular-scale switching device.
His pioneering work allowed scientists to pursue the development of drugs for diseases in which ion channels play a role.
NUCLEO adopts a socio-constructivist pedagogical approach that pursues the development of communities of practice for Problem Based Learning.
