Drug Licensing

Drug licensing in pharmaceutical law refers to the legal process through which a company obtains permission to manufacture and sell a new medication. Before granting a license, regulatory authorities rigorously evaluate data on the drug’s safety, effectiveness, and quality through clinical trials and other research. This process ensures that only safe and effective drugs reach the market, protecting public health. Once licensed, the company must adhere to strict guidelines for manufacturing, marketing, and monitoring the drug's use to ensure ongoing safety and efficacy for consumers.