Article: Candidate pharmaceuticals' success is 8% claims FDA

Increasing complexity and toxicity increases difficulty of proving safety and effectiveness

Acting FDA commissioner, Lester M.Crawford, has revealed in a recent speech that "historically, 14% of tested products eventually cleared the hurdle of PDA's approval and entered the market place.Today.the chance of success of a candidate drug entering the Phase I trial is estimated at 8%."Crawford stressed that "this extremely high attrition rate has had two inescapable consequences - we've been getting fewer drug and biological submissions, and the development costs of these products have reached unprecedented proportions." He highlighted that filings of standard new medical entities have gone down ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!