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Rachel Yarmolinsky
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Phone: (646) 774-5353

NYS Psychiatric Institute at
Columbia University Medical Center
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Dr. Jeff Lieberman Leads Plan for Drug Development

"Fast-Fail" Initiative Takes Aim at Psychosis
November 9, 2012

 For all types of diseases, the development of new drugs is a story of many failures and very few successes. Of the compounds that enter phase I testing, only 15 percent are eventually approved by the FDA. For psychiatric and neurologic disorders, the success rate is even lower – about 8 percent – and compounds tend to fail late in development after hundreds of millions of dollars have already been spent.



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