Pharmaceutical Industry Overview - The Drug Lifecycle

The pharmaceutical industry produces important products that could save lives; because of that, it's subject to rules and regulations different from any other industry. In this educational video, we'll discuss the lifecycle of a pharmaceutical drug - how a drug is developed, approved, and brought to market.
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Key Sections
0:31 - The 3 phases in drug lifecycle
0:36 - The research and development phase
1:11 - Drug development and clinical trials
2:05 - The commercialization phase
3:03 - What is Phase 4 trial
3:15 - The manufacturing and distribution phase
4:41 - Breaking down the cash flow of pharmaceuticals
#pharma #pharmaceutical #drugdevelopment #clinicaltrials
📚 This video serves as an excerpt from the Pharma Industry Primer, meticulously curated by the digital e-learning content provider, Primerli www.primerli.com/. The full module, comprising 10 bite-sized videos and quick quizzes, is tailored to empower professionals to grasp the industry intricacies in under an hour.
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