FDA approval of a drug means that the data on the drug’s effects have been reviewed by the FDA’s Center for Drug Evaluation and Research (CDER), and the drug is determined to provide benefits that outweigh its known and potential risks for the intended population. Unfortunately, FDA approval does not guarantee 100% safety.
CNN reported that between 2001 and 2010, about a third of the drugs the FDA approved had problems after reaching the market. Only three drugs were actually pulled from the market, but others required the addition of boxed warnings and warranted FDA safety communication. The FDA ensures that all the drugs they approve undergo lifetime monitoring, but it’s important for consumers to note that there are still risks involved with taking a drug even if it is FDA approved. Many believe the added pressure to speed up the approval process in general is to blame for the increased amount of FDA approved drugs resulting in safety issues after they hit the market.
The approval of a drug generally follows a structured framework that includes three phases:
The Accelerated Approval process was first established in 1992. Accelerated Approval can be applied to promising therapies that treat a serious or life-threatening condition and provide therapeutic benefit over available therapies. Approval is also based on a surrogate endpoint or measurement at which clinical benefit is predicted.