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| Application Stage | Description | Expected Outcome | Compliance Standards | Timeline |
|---|---|---|---|---|
| Research and Development | Initial formulation and lab testing | Identification of potential effectiveness | Approved laboratory standards | 6 months |
| Clinical Trials | Controlled testing on volunteers | Validation of safety and efficacy | Clinical trial regulations | 1-2 years |
| Regulatory Approval | Submission of trial results to authorities | Obtain necessary licenses | FDA/EMA standards | 6 months to 1 year |
| Production | Scaling up manufacturing processes | Preparation for market launch | Good Manufacturing Practices (GMP) | 3-6 months |
| Market Launch | Introduction of product to consumers | Consumer awareness and sales generation | Marketing regulations | Ongoing |