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... ▪ Controlled studies of 100-300 volunteers (people with disease) ▪ To assess drug effectiveness and safe dosage, 2 years  Phase III ▪ 3 years ▪ Involves 1000-3000 patients in clinics & hospitals ▪ Use of placebo ▪ Physicians closely monitor all patients to determine safety, efficacy, and adverse re ...
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Pharmaceutical industry



The pharmaceutical industry develops, produces, and markets drugs or pharmaceuticals for use as medications. Pharmaceutical companies may deal in generic or brand medications and medical devices. They are subject to a variety of laws and regulations that govern the patenting, testing, safety, efficacy and marketing of drugs.
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