Pharmaceutical Companies Expanding Post-Market Drug Safety Initiatives to Prevent Adverse Reactions, Finds PricewaterhouseCoopers Study
January 7th, 2007
January 30, 2007
Pharmacovigilance Seen as Complementing Pre-Approval Testing
Heightened public awareness of drug safety, greater regulatory scrutiny and a number of recent drug withdrawals and black box warnings are causing pharmaceutical companies to rethink how they ensure the post-market safety of their products. Instead of relying solely on pre-approval clinical trials and the federal drug approval process, pharmaceutical companies are shifting to “pharmacovigilance” - continued, systematic monitoring of drug safety under real-world conditions, according to “Unlocking the Power of Pharmacovigilance,” a new PricewaterhouseCoopers report.
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