2014 New Drug Approvals Hit 18-Year High

Forbes: 2014 was a good year for pharmaceutical innovation – the best, in fact, since the industry’s all-time record of 1996. FDA approved a total of 44 drugs – 39 by CDER, and 5 by CBER (Exhibit 1). As usual, this total excludes imaging agents (i.e., Lumason and Neuraceq), and only includes the biological drugs from CBER that are of rDNA origin.

AstraZeneca received the most approvals (4), which may have contributed to Pfizer PFE +0.58%’s interest. But other companies that have been hard hit by the innovation drought scored successes as well.

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