Petah said...
The new drug sounds good but.. That's disturbing! We are after all the Guniea pigs! The consumers! Who make them rich off our misery :(
So who the drug should be tested on? Do we want to repeat Thalidomide story? And pharma companies getting rich off your misery? really? Just one business to blame. Wake up and read TORT reforms (or watch a documentary Hot Coffee) to learn who is getting rich off your misery.
I am ALL in. If they reach upto Phase III clinical trial and I am around, I will participate.
To answer your second question, there is no specific time frame for each phase of the trial. It depends on the outcomes of each phase. If the outcomes are as expected (which includes effects, side effects and severe side effects) then it goes on to the next phase. Phase I is a LONG way to go, I would give about
6 years to phase III trial and 8 more years by the time this drug arrives on shelf, IFF all goes well.
Source: Personal experience, someone who has administered Phase III clinical trials for a megacorp.