EU lags USA on new drug availability

29 January 2007

Although review times for new drugs in the European Union have met mandated performance goals, many medicines are available in the USA ahead of the EU, according to a report recently completed by the Boston, USA-based Tufts Center for the Study of Drug Development at Tufts University.

The study found that mean approval times for new pharmaceutical products approved in both the EU and the USA during 2000-05 were nearly identical, taking 15.8 months, on average, for drugs cleared by the European Medicines Agency (EMEA) and 15.7 months for those by the US Food and Drug Administration.

EMEA helped by new regulations

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK





Today's issue

Company Spotlight