Business Ethics in Biotechnology
An Investigational New Drug (IND) is a designation by the FDA that allows a pharmaceutical company to begin clinical trials of a new drug in humans. This status is crucial as it signifies that the drug has met specific regulatory requirements and is deemed safe enough to be tested, providing a pathway for further development and eventual market approval. The IND process emphasizes both the scientific merit and ethical considerations in drug development, ensuring that patient safety is a priority while also fostering innovation in medical treatments.
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