2013
DOI: 10.1038/nrd4129
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The risks of risk aversion in drug regulation

Abstract: Drugs are approved by regulatory agencies on the basis of their assessment of whether the available evidence indicates that the benefits of the drug outweigh its risks. In recent years, regulatory agencies have been criticized both for being overly tolerant of risks or being excessively risk-averse, which reflects the challenge in determining an appropriate balance between benefit and risk with the limited data that is typically available before drug approval. The negative consequences of regulatory tolerance … Show more

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Cited by 92 publications
(66 citation statements)
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“…Traditionally, regulators have made assumptions, albeit implicit, about what patients actually think and prefer, including their willingness to trade benefits for harms [1, 2]. Notwithstanding that the ultimate raison d’être of any medicine is to benefit patients who have a unique knowledge about their disease and its current therapeutic environment, traditionally patient views and preferences were rarely explicitly sought.…”
Section: Introductionmentioning
confidence: 99%
“…Traditionally, regulators have made assumptions, albeit implicit, about what patients actually think and prefer, including their willingness to trade benefits for harms [1, 2]. Notwithstanding that the ultimate raison d’être of any medicine is to benefit patients who have a unique knowledge about their disease and its current therapeutic environment, traditionally patient views and preferences were rarely explicitly sought.…”
Section: Introductionmentioning
confidence: 99%
“…However, only recently, regulators-being criticised for drug approvals based on limited evidence-proposed the concept of 'adaptive pathways' to manage risk and uncertainty after early approvals. 30 To evaluate the benefit of oncology drugs, tools are provided by professional organisations (eg, ASCO, ESMO). 12 13 These scales are highly appreciated 31 and can be approached to support the assessment of the patient-relevant clinical benefit of oncology drugs.…”
Section: Discussionmentioning
confidence: 99%
“…This is further supported through transparency measures for building public trust. In summary, proactive, effective and transparent pharmacovigilance, leading to confidence and trust, supports product development to fulfil unmet medical needs and helps ensure that any knowledge gaps are addressed in a timely manner and in the best interests of public health 8 .…”
Section: I N K To O R I G I N a L A Rt I C L Ementioning
confidence: 99%