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New Study Shows the Rate of Drug Approvals Lower than Previously Reported

2014-01-09 06:00:00| Industrial Newsroom - All News for Today

Nature Biotechnology has published peer-reviewed paper co-authored by BIO Industry Analysis and BioMedTracker, highlighting results of a study showing that overall success rate for drugs moving through clinical trials to FDA approval from late 2003 to the end of 2011 is near 1 in 10, while reports from earlier years showed rate of drug approvals to be 1 in 5 to 1 in 6. Study also shows that large molecule drugs are twice as successful in gaining approval compared to small molecule drugs. This story is related to the following:Trade Associations

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