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Drug Approval Process in South Africa

In the past 50 years, South Africa has established a regulating body for medicines that is acknowledged internationally. According to the Medicines Control Council (MCC), it is "the national medicines regulatory authority of South Africa, which is responsible, in accordance with the medicines and related substances act, 1965 (Act 101 of 1965), for providing for…

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Understanding the Financial Ecosystem Surrounding the Development of Medicines

Developing medicines is a long intricate process that involves several players and stakeholders. It requires a huge number of financial resources coupled with infrastructure and skilled manpower. The entire agglomeration of these several players is interconnected and dependent on each other for financing every incremental step of innovation and development. This creates an interconnected ecosystem.…

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