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Developmental Process of New Medicines: A Brief Insight
Scientific advancements have enabled greater understanding of diseases at molecular level. With the aid of research and development, new medicines are growing from time to time. But development of medicines is a long, time-consuming and highly complicated process. On an average, it takes nearly ten years for a medicine to complete the long process of development before it is introduced into the market for consumption. Clinical trials alone take 6-7 years on average. The whole series of steps involved during the development of a medicine determines its degree of success after it is being introduced into the market. Here, a brief insight of the regulatory and pre-marketing steps that occur to ensure a successful launch of a medicine is described.
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