The US FDA is unlikely to repeat its 2023 stellar approval performance in 2024, but there is still room for another very good year for new molecular entities and novel biologics, the Pink Sheet US FDA Performance Tracker shows.
Key Takeaways
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The US FDA approved 27 novel agents in the first half of 2024, behind the torrid approval pace set in 2023 but right on the average since 2016.
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Almost 40% of candidates with second half 2024 goal dates at the Center for Drug Evaluation and Research’s have breakthrough therapy designations, similar to the first half approvals
The FDA approved 27 novel agents in the first six months of 2024, and then opened the second half with the 2 July approval of Eli Lilly’s Alzheimer’s disease therapy Kisunla (donanemab-azbt)
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