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A New Chemical Entity (NCE) is a unique chemical produced by R&D during the early phases of medicine development. These are also known as novel molecular entities. It includes an active component that is responsible for a drug's physiological and pharmacological effect; earlier, it should not have received FDA approval. These have a unique, novel structure and have been approved for medical use.

Later, these NCEs convert into drugs after undergoing many clinical trials. These might be derived from natural sources or synthesized in the laboratory. NCEs can progress the development of essential ingredients in crucial drugs to cure, prevent, and cure diseases due to their new chemical compounds and active moiety. NCEs should have both pharmacological characteristics and biological efficacy against the target illness. Most NCEs fail during drug development because they have unsatisfactory toxicity and effectiveness for the target condition. As drug development includes several clinical trials, it also requires investors in the entire process. So, the manufacturer's firm can develop the whole medication or transmit the license to other companies. Drug development is divided mainly into four phases.

1. Discovery

2. Preclinical studies

3. Clinical development

4. Regulatory approval

Discovery: It is a lengthy procedure that begins with screening the new molecule to see whether it is possibly active and has therapeutic actions that can directly influence the targeted ailment while being free of toxins. To treat a disease, the chemical molecule must have a particular biological target. This study will be carried out in the laboratory using silico platforms, biochemical assays, and cell culture. This process starts with discovering compounds with the right qualities for the medicine, which is then simplified into target identification and validation, high-throughput screening, hit identification, assay creation, lead generation and optimization, and in vivo and in vitro tests.

Pre-Clinical Studies: During this stage, the discovered chemical molecule will be developed, optimized, and tested in a lab or on animals. Before beginning clinical trials, this approach ensures that there is sufficient data, safety, and efficacy. In this method, we can also determine the optimal medicine dosage in humans during clinical trials. We also need to maintain sufficient or additional quantities throughout clinical trials. The method aims to verify that there is enough proof of safety and efficacy before beginning clinical trials. In this method, we can also determine the optimal medicine dosage in humans during clinical trials. We also need to maintain sufficient or additional quantities throughout clinical trials.

Clinical studies: Clinical trials follow the criteria of Good Clinical Practice (GCP). It consists mostly of three segments. First, the candidates' drug tolerance and safety will be evaluated in small groups.

In the second phase, it will be tested on people who are suffering from a specific disease, up to 500 members, so we can identify the drug dosage range without any side effects.

In the third phase, it will be tested on a larger number of people to check how the drug is working in the body. So that it can confirm the effectiveness and safety of different forms.

Any drug that is undergoing clinical trials must pass the tests of the body's immune system, optimal effects, immunogenicity in adults, efficacy, and side effects. After completing all these phases, the company can go for drug approval.

Regulatory Approval:

 For regulatory approval, we need to provide all the documentation data for the clinical investigation of the new molecule. It should be submitted to the appropriate authorities for evaluation. For every new drug, approval must come from the Food and Drug Administration (FDA), as the United States Department of Health and Services is responsible for protecting health.

The data will be analyzed by the Center for Drug Evaluation and Research (CDER). The FDA regulatory clearance process involves numerous strict standards, including a review of the target ailment, therapy availability, benefits, and hazards in clinical trials.