FDA drug approval rate reaches new high

The FDA Is Basically Approving Everything. Here’s The Data To Prove It

fda-approval-rates
Remember when the FDA rejected drugs? The FDA points out that one reason that drug approval rates are going up is because it is doing its job, as defined by Congress…

“We just got treated to a whole lot of drama last week as to whether Addyi, a drug to boost women’s libidos, would be approved. But based on data analysis commissioned by Forbes from BioMedTracker, that approval was probably a foregone conclusion.”…

… “But the risks of speeding up approvals should be pretty clear, too. In the late 1990s and early 2000s, there was a boom of new drug approvals. In 1999, the FDA approved two drugs that became synonymous with drug safety scandals: Vioxx, which was withdrawn from the market by Merck, and Avandia, made by GlaxoSmithKline, which later had its use severely restricted. The approval boom is good only so long as it doesn’t trigger another drug safety conference.”

Read The FDA Is Basically Approving Everything. Here’s The Data To Prove It, Forbes, AUG 20, 2015.

Have your say! Share your views