The document discusses the complex process of drug development from initial discovery through clinical trials and regulatory approval. It involves several key stages: drug discovery, preclinical testing for safety and efficacy, submission of an investigational new drug application to the FDA, followed by four phases of clinical trials on humans to test for safety, efficacy, side effects and effectiveness. If successful, the drug can then be approved for marketing. However, it continues to be monitored post-approval for side effects or issues that could lead to withdrawal from the market. The entire process takes 5-10 years and billions of dollars.