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What is Origins and Approval of New Drugs about?

Pharmaceutical companies in the U.S. spend approximately $33 billion annually on drug research, resulting in an average of only 35 new drugs each year, a number that is declining. About 67% of new drugs are derived from natural sources, with various stages of testing taking an average of 9 to 10 years before approval. The drug approval process involves extensive safety and efficacy trials, with only about 20% of drugs successfully reaching the market.

Author

WL AnDZ

Language

EN