The FDA Drug Approval Process
Ever wonder why medications are so expensive? The FDA approval process is long and arduous for many pharmaceutical companies. The investments are massive and the time needed to conduct the appropriate rounds of testing can take years, even decades. Granted, the FDA is invested in the safety and efficacy of medication – and rightly so. Join us on a peek behind the curtain on how a drug gets approved.
Drug Development
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First, you need an idea. Where is there a market need? Both private companies and public research institutions (such as the NIH) fund research that can pinpoint the need for a drug and insight into the preliminary development. Once a drug has been developed in a laboratory, it moves on to the next step.
By — Last Modified: 06/18/2012, First Published: 06/08/2012
