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The End Of The FDA Approvals Boom? Fewer Applications Are A COVID-19 Consequence

 
• By Bridget Silverman

Applications for US FDA approval are lower than in recent history, portending a lean 2021.

Down arrow on pavement

Fewer applications for approval have been submitted to the US Food and Drug Administration through May of 2020 than in recent years, likely representing the leading edge of the impact of COVID-19 on drug development – and the end of an approvals boom.

Where an average of over 70 new drug and biologic applications and efficacy supplements were submitted between January and May...

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