The failure rate for those already entered Phase 1 trials to be successfully approval, is around 90%, also it usually takes 10 to 15 years to final FDA approval stage.
Reata, took 21 years to successfully develop Skyclarys to obtain FDA APPROVAL.
Coincidentally, NEU’s DAYBUE, also is taken 21 years from the scratch to FDA APPROVAL.
To develop a drug, is a marathon exercise with very low success rate, imo.
The failure rate for those already entered Phase 1 trials to be...
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