Before we tackle the issue of how drugs should be priced and regulated, we must first understand how those drugs are created. In this chapter, we’ll provide an overview of the high-level scientific process and the timeline of drug development, as well as some practical and business aspects of the process.
In this chapter you will learn:
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The key stages of the process for bringing a new drug from idea to market in the U.S.
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The benefits of this process to the U.S. And the rest of the world.
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The major players in the drug development ecosystem.