Several challenges can arise during the drug development process:
- High Costs and Long Duration: Drug development is expensive and time-consuming, often taking over a decade and costing billions of dollars. - Regulatory Hurdles: Navigating through complex regulatory requirements can be challenging. - High Failure Rates: A significant number of drug candidates fail during clinical trials due to lack of efficacy or safety concerns. - Ethical Concerns: Ensuring ethical standards in clinical trials, especially in vulnerable populations, is paramount.
