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US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesChristy santhoshPiper sandlerWilliam blairEli lillyCaroline humerLilly zepboundJohn stanfordMichael yeeManas mishraPratik jainVertex pharmaceuticalsNovo nordiskDrug administrationRitu baralBill berkrot

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

The U.S. Food and Drug Administration approved nearly 50% more novel drugs in 2023 than in 2022, putting it back on pace with historical levels, an improvement analysts and investors said could lead to increased investment in biotech firms. FDA nods for innovative therapies containing an active ingredient or molecule not previously approved, rose to 55 in 2023, up from 37 in 2022 and 51 in 2021. Historical data shows the FDA typically green lights about 45-50 new drugs a year and hit a peak of 59 in 2018.

United statesPiper sandlerPratik jainMichael yeeEli lillyCaroline humerManas mishraJohn stanfordWilliam blairChristy santhoshLilly zepboundDrug administrationNovo nordiskVertex pharmaceuticalsRitu baralBill berkrot

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery
gazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazette.com Daily Mail and Mail on Sunday newspapers.

United statesCaroline humerWilliam blairPratik jainEli lillyMichael yeeLilly zepboundChristy santhoshPiper sandlerManas mishraJohn stanfordNovo nordiskVertex pharmaceuticalsDrug administrationRitu baralBill berkrot

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

By Manas Mishra and Pratik Jain (Reuters) - The U.S. Food and Drug Administration approved nearly 50% more novel drugs in 2023 than in 2022, putting i.

United statesEli lillyJohn stanfordMichael yeePiper sandlerChristy santhoshLilly zepboundCaroline humerManas mishraWilliam blairPratik jainNovo nordiskDrug administrationVertex pharmaceuticalsRitu baralBill berkrot

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

By Manas Mishra and Pratik Jain (Reuters) - The U.S. Food and Drug Administration approved nearly 50% more novel drugs in 2023 than in 2022, putting it .

United statesWilliam blairManas mishraPratik jainJohn stanfordMichael yeePiper sandlerLilly zepboundChristy santhoshCaroline humerEli lillyNovo nordiskVertex pharmaceuticalsDrug administrationRitu baralBill berkrot