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OTC Monograph Reform Could ‘Unlock’ Innovations In Three Years

 
• By Eileen Francis

Following enactment of US OTC monograph reform, drug companies will unleash formulation innovations after keeping a lid on monograph R&D, CHPA anticipates. "A lot of companies have ideas like this they’ve kind of put in a drawer, that we think this is gonna unlock,” says David Spangler, an executive with the OTC trade group.

Significant nonprescription drug innovations likely would start to reach the market within just a few years after an overhaul of US FDA's OTC monograph program, the industry trade group Consumer Healthcare Products Association predicts. It suggests manufacturers will make proposals for formulation and other changes that they've been sitting on due to the current system's problems.

"We know a lot of companies have ideas like this they’ve kind of put in a drawer, that we think this is gonna unlock,” said David Spangler, CHPA's senior vice...

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