subject: How To Get Your New Drug Application Approved [print this page] In the last decade or so the rising numbers of failed new drug applications has shocked both medical chemists and researchers, causing concern for the advancement of medical science. Around 40% of new drug applications were refused by the European Medicines Agency in 2009 alone, resulting in massive monetary loss for the funding boards and scientists themselves, and these numbers have only risen further in more recent years.
Many people wrongly believe that these new drug applications were declined due to inefficient medical research and that the compounds and molecules used in the drugs were of poor quality, but this isnt actually the case. The European Medicines Agency does not hide the real cause from scientists and fully admit that the applications were turned down due to a lack of sufficient results collected clinical trials, which made it impossible to fully understand whether the benefits of these drugs would ultimately outweigh the risks when administered to patients.
If you are in the process of applying for funding for new drug development and are beginning your research process you will need to take all of this into consideration. It is vital that you conduct your research in a professional manner and do not cut any corners to get your drug out faster, as you could only end up ruining the entire process and wasting both time and money.
To ensure that your drug is accepted by the European Medicines Agency you should always test your drug properly. Aside from the actual creation of your drug, this is possibly the most important part of drug discovery as it can actually put into play the real reactions of patients.
Your drug will need to be tested on animals before it is moved up to human testing. In either scenario you should test your drug on a wide base of subjects, with all patients closely monitored for symptoms and issues that may present themselves during the testing.
You should also seek outside advice if you are ever unsure whether your drug discovery is going to plan. This is where medical databases can come in handy, as you will be able to search up past information on medicinal chemistry research to aid in yours, and everyone knows the importance of being educated in past techniques. These databases also hold information on medical patents, current drug development technology and papers on advancements in the medial sector.
All of this information could prove vital to your medical research, so look online today to find a database that you can use.
