Another record year for generic drug approvals but questions on competition remain
For each of the last five years, the FDA has set generic drug approval records, but questions have lingered on whether these high approval numbers are translating into competition.
FY 2019 figures show a total of 1,171 generic drug approvals (935 full approvals and 236 tentative approvals), which breaks the FDA’s previous all-time record of 971 full and tentative approvals for FY 2018. And although the abbreviated new drug application (ANDA) approval record was technically broken in August of this year, the FDA is approving increasing numbers of complex generics, which can be more difficult to copy and traditionally lack competition.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.