Drug Development Expert
The drug development process includes an intensive clinical testing on human subjects, in order to assess the clinical safety and efficacy. It stands to reason that there would be significant adverse effects, and therefor lawsuits, surrounding this highly regulated and confusing industry.
Medical and FDA law is the most complex and often requires the aid of experts and witnesses with experience not only in the drug development and clinical trial fields, but within the FDA itself.
Other less financially comprehensive tests that take place include chemistry testing such as solubility, dissolution and the sensitivity of the molecular structure to things such as humidity, heat, cold and light.
Following full clinical testing, the drug is submitted to the FDA for review. The review period typically takes anywhere from one to two years.
If the FDA grants approval of the drug, the applicant is granted the permission to market the drug. Market exclusivity lasts for approximately eight years.
Although a drug has a patent half-life of 20 years, the majority of those years are spent in Phase 1-3 of clinical development — not on marketing.
The patent clock starts early in the drug development process; immediately upon isolating the structure of the compound and discovering its function in the human body. A timeline schematic for the drug development process is shown below.
Bringing a drug to market is costly, and the cost increases logarithmically with the progression of each phase (Phase1 Phase 2 and Phase 3).
Cost projections by Drug development experts now show that the price of bringing a drug to market is close to 2 billion dollars (US). The development course of a drug is lengthy and expensive and exceeds the marketing for the drug, in most scenarios.
The need to repeat clinical trials can cause months of delay in submitting a drug to the FDA, and an experienced drug development process expert can be key in assisting a drug company to develop a drug as in the most efficient way possible.
To contact an experienced drug development expert, please visit: FormerFDA.com