MedCity News December 1, 2024
The clinical trial process is complex, long, and always arduous. But the results of the drug development process can be amazing, new, safe, effective, life-changing, and life-enhancing therapies.
Drugs are man-made miracles. They enhance our health, cure diseases, and extend our lives.
However, drug development is not easy. It is a remarkably long, expensive, and complex process. On average, it takes 14 years and $1-2 billion dollars to bring a new drug to market. Small molecules, biologics, and advanced therapies follow the same process. Innovation is needed to speed up development and reduce costs.
This article will discuss the drug development process, examine the steps and obstacles in clinical trials, and identify some of the most pressing challenges...
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