FDA sets record for number of generic drug approvals again
The FDA has approved and tentatively approved more generic drugs in FY 2018 than any other year prior, the agency announced Thursday.
The 971 total includes 781 final approvals and 190 tentative approvals, which compares with 937 total in FY 2017, which was the highest number of approvals since 2016, which at the time set the previous record.
“When I started as FDA commissioner, I made clear that one of my top priorities would be ensuring the agency does all it can to help ensure American patients have access to affordable, quality medicines that meet their needs. To accomplish this, we have taken many important actions to encourage the timely development and approval of lower-cost generic drugs and are beginning to see results,” FDA Commissioner Scott Gottlieb said in a statement.
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.