Publish Your Research Online
Get Recognition - International Audience
Request for an Author Account | Login | Submit Article
|HOME||FAQ||TOP AUTHORS||FORUMS||PUBLISH ARTICLE|
Phase IV Studies - A Market With a Proactive Approach for Growth of a Pharmaceutical FirmBY: SHREYAS RAJAN | Category: Industry-News | Submitted: 2011-05-26 05:15:35
Article Summary: "Phase IV studies are required as a condition of market approval. The companies look at venturing into Post marketing studies to improve the potential of the marketed product. This Phase has been the fastest growing segment in the area of clinical research. It supports in finding data for newer indications and new markets for whi.."
Post Marketing Clinical (PMC) Research studies or Phase IV clinical trials are executed after the regulatory authority has approved a product for marketing. The data gathered from the Phase IV studies determines the safety and efficacy of the drug in the market. Phase IV studies have become a key component in the pharmaceutical industry's product life cycle. This emerging area of clinical research is essential for the pharmaceutical firms to provide initiatives and assistance in areas such as client approvals, company expansion, and marketing. The potential to influence a viable advantage with post marketing research is reviewed by measuring the inferences for product marketing; expansion and a cost benefit advantage.
Clinical Trial Landscape
Bulk of clinical trials used to support drug approvals in the US are carried out outside the US, where site inspection is rare and regulations may be lenient. The number of countries involved in conducting clinical trials tracked by FDA increased from 80 in 1999 to 1743 in 2010. Phase IV clinical trials and Post Marketing Research are the fastest-growing area of clinical research today. Eastern Europe, Central and South America and Asia are the key regions involved in the trials outsourced. The scenario is due to the fact that the companies partaking in the trials do not have units within them to conduct Phase IV trials in comparison with the pre marketing studies.
The Phase IV trials are generally outsourced to Contract Research Organizations who look after the entire management of the trial and nearly 50 % of this workload is shared between the sponsor and the CRO. Formerly FDA used the term post marketing commitment (PMC) to refer clinical trials conducted by an applicant after FDA permitted a drug for marketing or licensing, that were intended to further refine the safety, efficacy and quality of the product.
Post Marketing Trial Requirements
The main requirements for the PMC trials are covered in the new section 505(o) of the Federal Food, Drug, and Cosmetic Act, provided by section 901 of the Food and Drug Administration Amendments Act of 2007 (FDAAA). The Section 505(o) allows FDA to conduct post marketing studies and clinical trials for prescribed drug and biological products approved under section 505 of the Act or section 351 of the Public Health Service Act.
Drivers for PMC Research
Emerging Market and Support of CRO Industry Advantage
The PMC market is growing at an annual growth rate of 15-25 percent. The demand for the companies to be involved in the PMC trials is on the rise since it has been difficult for the sponsor community to concentrate both on the essential technological infrastructure and hire the required staff. The studies categorized as incomplete may in fact be finished and awaiting a review at the workload on the FDA. The industry is coping with the real pressure and the right mix of balancing the Phase IV research and the ability to create the infrastructure to be carried out during the drug development cycle. Contract Research Organizations (CROs) are able to offer clinical trial services with a high level of expertise at a lower cost than the sponsor company. The key aspects of a outsourced CRO's include:
• Global Portfolio of Clients
• Broad therapeutic expertise
• Efficient IT infrastructure
• Understanding of diverse regulatory demands
• Monitoring and Audit Services
• Tie ups with hospitals to develop own investigative sites
• Lower cost of operations.
The globalization of the market sets new requirements for the drug companies and while seeking approvals in a country in which the company has no previous experience, it is safer to turn to an experienced CRO for assistance.
Emphasis on Post-Approval SOPs and Surveillance
The collaboration with the industry and the investigators for PMC studies is a challenge as the trials combine both marketing and scientific objectives that have to be clearly identified and pursued. The company can provide its customers a specialized set of standard operating procedures (SOPs). The company should focus on recruiting the right talent to carry out the phase IV research and be flexible in carrying on onsite monitoring for the SOP's with a futuristic market development perspective. The various methods of post marketing surveillance include spontaneous or voluntary reporting, cohort studies and case control studies. The chance that a particular study will discover a drug effect also depends on the study's sample size and the frequency of the drug effect. Marketed Health Products Directorate (MHPD) in Canada, Medicines and Healthcare products Regulatory Agency (MHRA) in United Kingdom ; MedWatch in United States; Drugs Controller General of India(DCGI)are responsible for coordination of post marketing surveillance studies . For designing postmarketing studies, the investigator must both be guided by the results of the premarketing clinical trials and this is a requirement for SOP's to be developed.
Awareness for Phase IV trials
The need for Phase IV trials has become mandatory. The evaluation of a new drug after it reaches the marketplace is a concern for pharmaceutical manufacturers and regulatory agencies. Many high profile recalls by sponsoring companies have drawn a lot if public attention to the shift for these trials. A few recent examples including recall of Tylenol, Benadryl by McNeil in Jan 2011; Greenstone's recall of Citalopram and Finasteride in March 2011 were taken as a precautionary measure to prevent supply of unhygienic medicines in the market. Companies are taking a positive approach in looking for data for alternative indications for existing products and the volume of patient registries help in supporting the development of these trials. Post Marketing Clinical research legally gives a chance to the medical community concern over performance and monitoring; complying or modifying with an existing regulatory body. The research gives information for future product development/improvement in turn supporting the strategic product/therapy initiatives of the company and facilitates in complying with relevant regulations for the testing of human subjects.
Most of the Phase IV therapeutic areas are out sourced . We see here that 85% of the Phase IV trials outsourced in the area CNS/Psychiatric disorders with the lowest in the respiratory therapeutic area.
The need for a solid archetype in Phase IV research involves unique level of cooperation between marketers and clinical scientists. Phase IV data can be essential for responding to regulatory mandates for additional post-approval safety information; for extension of product marketing approval; and for developing the essential therapeutic role and benefit of a product for physicians.
Trends in this market are intermittent but the stakes are high for patients and the pharmaceutical healthcare sector as a whole. The success of these studies will determine the ability to meet the needs of patients, payers, prescribers and decision-makers.
About Author / Additional Info:
Authors: Dr. Banu Priya, Shreyas Rajan, Femina Ann, Pugazhenthi.E, and Balaji Karthikeyan,
G7 Synergon Pvt Ltd, Life Science Consulting Group, Bangalore, India
Comments on this article: (0 comments so far)
• Fungi in Composting of Lignocellulosic Biomass
• Effects of Nuclear Radiation on Green Plants
• Methods of Purification of Enzymes
• Development of New Phosphorus Fertilizers
Latest Articles in "Industry-News" category:
• The New and Easy Way to Obtain P450-metabolites and N-glucuronides For Metabolit
• Use of Jelly Fish in Preventing Bioterrorism
• Latest Biotechnology Industry News and Pharmacy News
• Personalised Cancer Vaccine in a Week
• First Synthetic Organism
• Human Sperm Created Using Embryonic Stem Cell
• Gut Microbiota May Play a Role in Host Adiposity
• Latest in Pharmaceuticals : Sleep Drug: MK-4305 and Plastic Antibodies
• Biotech News From the World of Medicine
• Contribution of Biotechnology to the Latest Trends in Cardiac Care
• Biotechnology in the Manufacture of Textiles
• Biotechnology Companies in South Africa: Human Health
• Joule Unlimited - Pioneering Alternate Fuel and its Advantages
• Starch as Vitamin Carrier - A New Technology
• ISO-9000 Requirments, Effectiveness and Advantages
• Inoculum Preparation in Seed Lab of Fermentation Industries
• Enjoy the Benefits of Drinking a Cup of Coffee
• Understanding the Team Insurance Policy (Group Insurance)
• R&D: The Poignant Loneliness--Brief Case Studies of 8 New Listed Drugs
Important Disclaimer: All articles on this website are for general information only and is not a professional or experts advice. We do not own any responsibility for correctness or authenticity of the information presented in this article, or any loss or injury resulting from it. We do not endorse these articles, we are neither affiliated with the authors of these articles nor responsible for their content. Please see our disclaimer section for complete terms.
Copyright © 2010 biotecharticles.com - Do not copy articles from this website.
ARTICLE CATEGORIES :
| Disclaimer/Privacy/TOS | Submission Guidelines | Contact Us