Showing posts with label ill informed cobblers. Show all posts
Showing posts with label ill informed cobblers. Show all posts

Money for old drugs

The wikipedia article on drug trial phases which indicates sizes and groups types is an interesting starter on clinical trials, and there are some links to approval and success rates.


This is a table of clinical trial approval rates at each stage:

Stage of Development               Probability of Approval
  • Phase 1                                                       9%
  • Phase 2                                                     15%
  • Phase 3                                                    44%
  • Submission                                            80%
So basically only 9% of candidate drugs make it through the phase 1 trial, so there is massive attrition. my rudimentary calculations make that if you start with 1000 phase 1 trials then 90 make it to phase 2, of those 13.5 make it to phase 3, and then .44 of those.

Hence only ~6 make it to the application for approval to the FDA (this is US data, but its broadly similar over here)