Phase I: Drug discovery and development
- Determine drug efficacy and dosage
- Study administration methods, side effects, metabolism, excretion
- Assess potential drug interactions
Phase II: Preclinical studies
- Test drug in vivo and/or in vitro
- Evaluate toxicity and potential for harm
Phase III: Clinical research
- Phase 1: 20-100 participants, several months
- Assess safety and dosage
- ~70% progress to next phase
- Phase 2: Up to several hundred participants, months to 2 years
- Monitor efficacy, identify side effects
- ~30% progress to next phase
- Phase 3: 300-3000 participants, up to 4 years
- Continue efficacy monitoring, evaluate long-term adverse reactions
- ~25-30% progress to next phase
- Phase 4: Several thousand participants with disease/condition
- Ongoing safety and efficacy monitoring
- Success leads to FDA review
Phase IV: FDA review
Phase V: Post-market monitoring
- Drug available for sale
- Continued safety monitoring