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- Title
Clinical development success rates for investigational drugs.
- Authors
Hay, Michael; Thomas, David W; Craighead, John L; Economides, Celia; Rosenthal, Jesse
- Abstract
The article focuses on a study that measures the success rates of clinical development in the biotechnology industry specifically for investigational drugs. The study is conducted through the analysis of drug phase transitions from January 1, 2003 to December 31, 2011 in the BioMedTracker database. The results of the study indicate the success rates of a drug's indication but recognizing the need of clinical trial evidence to prove its efficacy by the U.S. Food and Drug Administration (FDA).
- Subjects
UNITED States; BIOTECHNOLOGY; DRUG development; PHASE transitions; UNITED States. Food &; Drug Administration; INVESTIGATIONAL drugs
- Publication
Nature Biotechnology, 2014, Vol 32, Issue 1, p40
- ISSN
1087-0156
- Publication type
Article
- DOI
10.1038/nbt.2786