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Drug Approval Process

overall review score: 4.2
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The drug approval process is the process by which pharmaceutical companies seek regulatory approval from governmental agencies to bring a new drug to market.

Key Features

  • Clinical trials
  • Regulatory submissions
  • Drug safety monitoring
  • Labeling review

Pros

  • Ensures new drugs are safe and effective before being marketed to the public
  • Helps protect consumers from harmful or ineffective medications
  • Provides a standardized process for evaluating new drugs

Cons

  • Can be time-consuming and expensive, leading to delays in getting potentially life-saving treatments to patients
  • Regulatory agencies may have differing requirements, leading to inconsistencies in the approval process

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Last updated: Sat, Mar 1, 2025, 02:58:27 AM UTC