Pharmacovigilance is the practice of monitoring the effects of medical drugs after they have been licensed for use. It aims to identify and evaluate previously unreported adverse effects and other drug-related problems. The goals include:
- Detecting Adverse Drug Reactions: Identifying new or rare side effects that were not observed during clinical trials. - Assessing Risk-Benefit Balance: Continuously evaluating whether the benefits of the drug outweigh the risks. - Informing Regulatory Actions: Providing data that can lead to changes in drug labeling, usage recommendations, or even withdrawal from the market.