Review:
Drug Approvals Process
overall review score: 4.5
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score is between 0 and 5
The drug approvals process refers to the regulatory process through which pharmaceutical companies must pass in order to bring a new drug to market.
Key Features
- Clinical trials
- Regulatory submissions
- Drug safety monitoring
- Market approval
Pros
- Ensures that drugs on the market are safe and effective
- Protects public health by regulating drug manufacturing and distribution
- Encourages research and innovation in the pharmaceutical industry
Cons
- Can be a lengthy and expensive process, leading to delays in patient access to new treatments
- Not all approved drugs are without side effects or long-term safety concerns