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       Visions for the HK-SZ Collaborative Ecosystem in Biotech
                 Figure 9    R&D process for conventional drugs

                                                                                                           Production
                    Basic     Drug      Preclinical                     Clinical trials                   and product   Post-market
                  research  discovery   research                                                                        monitoring
                                                                                                          registration   Phase IV
                                                                 Phase I
                                                                              Phase II
                                                                                           Phase III
                                                              Approximately    Approximately    Approximately
                                      Pharmacological    Study   participants  20  80        100                          Varies
                                          study

                              Target                  Investigational New Drug Process (IND)  To evaluate  New Drug Application (NDA)
                             discovery                                                    efficacy and                   To monitor
                                                                                                                         long-term
                                                               To evaluate    To evaluate    monitor adverse            effects of the
                                          Cellular        Purpose  safety and   efficacy and   reactions;               drug after it
                                        experiments              dosage      side effects  international                 enters the
                              Drug                                                        multicentre                     market
                                                                                             trials
                            screening

                                          Animal                           Several months
                                          study          Length of   study  Several months  to 2 years  1 to 4 years      Variable



                  Outsourceable to Contract Research Organisations (CRO)

                  Outsourceable to Contract Manufacturing Organisations (CMO)

                  Outsourceable to Contract Development and Manufacturing Organisations (CDMO)


                 Note: Describes the R&D process for conventional drugs (biological and chemical drugs). Vaccine development requires different numbers of study participants: 20-80 in Phase I; several
                     hundred in Phase II; 300–3,000 in Phase III. The required numbers for gene therapy and cell therapy are smaller.

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