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Importance Of Regulatory Affairs

 Regulatory affairs play a key role in the pharmaceutical industry and are active in all phases of product development, as well as after approval and marketing of medicines. The process of drug development is a lengthy, complex and, albeit necessary, extremely costly process. Pharmaceutical companies use all of the data accumulated during the phases of discovery and development to register the drug and thus market it. In order to ensure the drug's safety and efficacy in humans, pharmaceutical companies have to abide by a range of strict rules and guidelines throughout the development stages. Regulatory matters span a wide variety of different competences and occupations. This is comprised, under the best of conditions, of a group of people who serve as a conduit between the potentially competing realms of government , business, and customers to help ensure that the goods sold are healthy and successful when used as advertised. People working in regulatory affairs manage the relationship between regulators (government), the regulated (industry) and the customer (consumers) to bring good products onto the market and keep them there while preventing the selling of bad products. Regulatory affairs agencies provide support for product creation, processing, certification and marketing: once the applicant applies for certification, the regulatory agency initiates verbal and paper correspondence to the applicant and indicates them for better documentation and clinical procedures that diminish innumerable chances of error.  

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