Columbia University Medical Center
Ranked #1 in Psychiatry
U.S. News & World Report
Ranked #1 in Research Funding
National Institutes of Health
NewYork-Presbyterian Hospital The University Hospital of Columbia and Cornell



Media Contacts:

Rachel Yarmolinsky
Director of Media Relations
Phone: (646) 774-5353

Dacia Morris
Public Information Officer
Phone: (646) 774-8724
Fax: (212) 543-5220

NYS Psychiatric Institute at
Columbia University Medical Center
1051 Riverside Drive, Unit 30
New York, NY 10032


"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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