According to Center for Drug Evaluation and Research reports, FDA has approved 27 new drugs so far this year. If things proceed at this rate, The Wall Street Journal estimates total approvals in 2014 could come close to 2012 levels, which saw 39 medicines approved—the highest annual total in more than a decade. Last year, FDA approved only 27 new drugs. Total new drug approvals are difficult to predict, given that the number of applications and requests for additional information may vary significantly from year to year. However, there is some indication that industry and FDA are achieving greater efficiencies with the process, as 89 percent of approvals last year happened within the first cycle of review.
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