2. Determine if there is an 'unmet need'
Completion requirements
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Determine if there is an 'unmet need'
An 'unmet' need refers to a disease where either:
- there is no suitable medicine available or
- there is a medicine but some patients might have unacceptable side effects and are not able to take it.
The basic steps in medicines development are explained in the following. One important step is the regulatory submission and approval process (marked in green in figure 1), which has to be passed before a medicine can be marketed (launched). However, this is not in the hands of the company.
Each stage of the medicine development process requires a budget (financial resources) and investment in personal resources or people to do the work. Each stage will provide results and these results will need to be reviewed and agreement obtained
for the budget (investment) and the people to do the work – called an ‘investment decision’ (ID) before the next activity can start.
This pattern of “investment
decision – activity – results – investment decision” continues for the entire development process. This means that if the results are not satisfactory, the project will be stopped and the financial and human resources can then be directed to other
projects.