Prior
to the Food and Drug Act of 1906, no laws guaranteed the quality of
medicines, and no regulations required a doctor's prescription for
medications. Since 1962, the Food and Drug Administration (FDA) has
required that drugs be evaluated as safe and effective. Safe means that
the benefits of a particular therapy have been determined to outweigh
the risks. Safe does not mean that a therapy is necessarily free of
adverse effects. Effective means that a therapy meets pre-defined
standards of efficacy. FDA seeks to balance public safety with public
desire to have access to promising new drugs, especially for
life-threatening illnesses.
Today, FDA is charged with
reviewing oncology drugs, biologics, and devices. Depending upon the
evidence, FDA approves the usage of new products for specific
indications. All products must be safe and effective, and the benefits
must be demonstrated to outweigh the risks. To learn more about the
general approval process for new cancer drugs, click here.