
FDA is heading for a strong year in new drug approvals
Orphan drug approvals, at 15 so far, sets a record
In a
Also numbering 15, there will be a record number of orphan drug approvals in 2014. (
Jenkins’ presentation also recapped performance details of FDA’s overall review process, noting that 97% of the NME approvals were completed within the schedule set by the Prescription Drug User Fee Act (PDUFA V), and 74% of them were approved on their first review cycle. Margaret Hamburg, FDA commissioner, in the FDA
Another statistic to conjure with is that 61% of all drug approvals worldwide were granted first in the US in this calendar year. That statistic has been rising, unsteadily, since the early 2000s, when it was around 40%.
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