process of drug development
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Describe the process of drug development. How does this process make medications expensive?
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Solution Summary
This posting explores how the process of drug development reflects pricing issues. A reference is also provided to further validate the findings.
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1) A drug is discovered either accidentally or through research by a drug company.
2) The drug company tests the drug in the lab with animals.
3) The drug company submits a Investigational New Drug (IND) application to the FDA's Center for Drug Evaluation and Research (CDER).
4) The CDER has chemists, scientists etc check out the application and ...
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