The process of drug development typically involves several key stages:
1. Discovery: Identification of potential drug targets and compounds. 2. Preclinical Testing: Laboratory and animal studies to evaluate safety and efficacy. 3. Clinical Trials: Conducted in phases (Phase I, II, III, and IV) to test the drug in humans. 4. Regulatory Approval: Submission of data to regulatory bodies like the FDA for approval. 5. Post-Market Surveillance: Monitoring the drug's performance in the general population.