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Business
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| Number of pages / Number of words: |
11 / 3048 |
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The initial research for developing these drugs can take any where between 2 ? 10 years. This is called as the Discovery stage. As part of the discovery stage, the drug manufacturers perform pre-clinical testing in a controlled environment and on animals to determine the basic efficacy of the drug. Once these drugs are developed and tested in the controlled environment, Merck, like any other pharmaceutical company, has to undergo a clinical trial to test the potency of the drug before getting approval from the Food and Drug Administration (FDA) to commercially manufacture and market this drug...
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Once these drugs are developed and tested in the controlled environment, Merck, like any other pharmaceutical company, has to undergo a clinical trial to test the potency of the drug before getting approval from the Food and Drug Administration (FDA) to commercially manufacture and market this drug. This clinical trial process is divided into three phases...
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