Pharmacoeconomics: Open Access

Evolving Strategies for Effective Drug Surveillance and Regulation

Abstract

Mark Salinger

The pharmaceutical industry plays a critical role in modern healthcare, developing drugs that improve and save lives. However, the benefits of these drugs must be balanced against potential risks and adverse effects. This is where drug surveillance and regulation come into play, aiming to ensure the safety, efficacy, and quality of pharmaceutical products. Over the years, strategies for drug surveillance and regulation have evolved significantly, driven by advancements in science, technology, and the growing complexity of the global pharmaceutical landscape. Drug surveillance and regulation have a long history that dates back centuries. In ancient civilizations, herbal remedies were used as treatments, often based on empirical evidence and trial and error. The Industrial Revolution brought about the formalization of drug manufacturing, and governments began to enact laws to ensure the safety and quality of medicines.