Medicines regulation is the application of sound
medical, scientific and technical knowledge and
skills, operating within a legal framework.
The
ultimate purpose of medicines regulation is to protect
consumers by ensuring that only safe, effective, high
quality medicines are produced, imported and distributed,
and that these medicines are made available, as well as
managed and used appropriately.
Legal
provisions require pharmaceutical companies to prove
the safety and efficacy of new medicines before
placing them on the market for public consumption.
Pharmaceutical companies need also demonstrate that
the medicines are of the required quality. The law
stipulates
the
regulatory control on activities such as drug
manufacture, import, export, marketing, prescribing,
dispensing and distribution, and the enforcement of
such laws and regulations.
The
innovation and production of medicines requires a high
level of scientific and technical expertise.
Effective medicines are capable of curing illness;
however they also cause adverse side effects which
could be serious and even dangerous.