The document discusses the International Conference on Harmonization (ICH), which aims to harmonize technical requirements for pharmaceutical registration across Europe, Japan, and the United States. It was established in 1990 as a tripartite effort between regulatory authorities and the research-based pharmaceutical industry. The ICH seeks to reduce unnecessary delay in global drug development by achieving greater harmonization and applying technical guidelines consistently. This will help ensure safe, effective, and high quality new medicines are available more efficiently.