Approvals for new pharma products in 2011 could exceed previous year, reports Fitch; Citeline says Ph IIIs up 13%
The pharmaceutical R&D pipeline for new pharmaceutical products remains strong for the remainder of 2011, according to a new Fitch Ratings report, titled Global Pharmaceutical R&D Pipeline - First Quarter 2011, which expects that drug developers will be actively introducing a full range of new medicines to both the specialty and primary care markets before year-end.
Fitch-rated pharmaceutical companies have applications for 18 New Molecular Entities (NMEs) filed with the drug regulatory agencies in Europe or the USA with anticipated near-term review deadlines. Considering the second-quarter NME approvals to date, Fitch estimates that if one-half of these experimental drugs are allowed to be marketed by the US Food and Drug Administration, the total NMEs in the USA approved in 2011 would equal the full-year total of 21 in 2010.
Contrast to Thomson Reuters findings
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