The clinical testing of experimental drugs is normally done in three phases, each successive phase involving a larger number of people. Very few of the drugs/devices tested are granted a New Drug Approval or New Device Approval by the U.S. Food & Drug Administration (FDA), which allows the drug or device to be accessible by the public.
Phase I studies are primarily concerned with assessing a drug’s or device’s safety. This initial phase of testing in humans is done in a small number of healthy volunteers (20 to 100), who are usually paid for participating in the study. The study is designed to determine what happens to the drug in the human body—how it is absorbed, metabolized and excreted. A phase I study investigates side effects that occur as dosage levels are increased. This initial phase of testing typically takes several months. About 70 percent of experimental drugs pass this initial phase of testing.
Once a drug or device has been shown to be safe, it must be tested for efficacy. Phase II of testing may last from several months to two years, and involves up to several hundred patients. Most phase II studies are randomized trials; one group of patients will receive the experimental drug or device, while a second "control" group will receive a standard treatment or placebo. Often these studies are "blinded"--neither the patients nor the researchers know who is getting the experimental drug. In this manner, the study can provide the pharmaceutical company and the FDA comparative information about the relative safety of the new drug, and its effectiveness. Only about one-third of experimental drugs successfully complete both phase I and phase II studies.
In a Phase III study, a drug or device is tested in several hundred to several thousand patients. This large-scale testing provides the pharmaceutical company and the FDA with a more thorough understanding of the drug's or device’s effectiveness, benefits and the range of possible adverse reactions. Most phase III studies are randomized and blinded trials. Phase III studies typically last several years. Seventy to 90 percent of drugs that enter phase III studies successfully complete this phase of testing. Once a phase III study is successfully completed, a pharmaceutical or device company can request FDA approval for marketing the drug or device.
Often termed “post-marketing studies” or late Phase III/Phase IV studies, pharmaceutical companies have several objectives: (1) studies often compare a drug or device with other drugs or devices already in the market; (2) studies are often designed to monitor a drug's or device’s long-term effectiveness and impact on a patient's quality of life; and (3) many studies are designed to determine the cost-effectiveness of a drug therapy or device treatment relative to other traditional and new therapies or devices.