Definition of new drug application (nda)

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TeachMeFinance.com - explain new drug application (nda)



new drug application (nda)

The term 'new drug application (nda)' as it applies to the area of drug testing can be defined as ' An application submitted by the manufacturer of a drug to the FDA - after clinical trials have been completed - for a license to market the drug for a specified indication'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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