News-Medical.Net February 1, 2023
The pharmaceutical industry is considered one of the most highly regulated industries worldwide. Various countries have their own regulatory authority, such as the Medicines and Healthcare products Regulatory Agency (MHRA) in the UK or the Food and Drug Administration (FDA) in the US. These organizations regulate the drug development process, licensing, registration, manufacturing, marketing, and labeling of medicines.
A comprehensive process is followed in the UK and the US by which medicines are licensed and approved for treating a specific disease or condition. This process can take several years before licensing is granted.
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