Tuesday, May 17, 2011

FDA could approve increased number of drugs in 2011

In a recent article at Reuters, Dr. Janet Woodcock, head of the FDA's drugs center recently stated that she sees an increase in the number of drugs approved this year by the FDA. At the current time, twelve novel drugs have been approved in 2011. There were 21 drugs total approved in 2011. Woodcock points to the number of solid drugs being delivered for approval by many of the smaller Pharma companies. The number of drugs in one year peaked at 53 in 1996. Any number of factors could result in fewer drugs being approved, from higher scrutiny by the FDA to large Pharma companies greatly reducing the funding to their research.

WORLDx Congress involves developing biomarkers that guide the creation of new drugs, and a lot of pharma have complained that creating new personalized medicines gets slowed down significantly by FDA. WORLDx Congress takes place this July 18-20, 2011 in Baltimore, Maryland.

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