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The Approval Drought Continues

 
• By Michael McCaughan

No matter how you look at the numbers, it was another bad year for new product launches in the US. FDA approved more new drugs than last year, but just barely. And the number of products going off-patent actually exceeded the number of new launches. The sparse crop of new drugs this decade means lean years ahead for the pharma industry.

Michael McCaughan

An optimist would point out that there were almost 20% more innovative new therapeutics approved by the Food & Drug Administration in 2006 than in 2005. Unfortunately, 2005 was the...

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