Who’s the Boss? Companies and Their Novel Drug Approvals, 2014-2018
In 2018, the U.S. Food and Drug Administration (FDA) approved 59 novel drugs, meaning approved new molecular entities (NMEs). The figure for 2017 was 46 novel drugs.
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In 2018, Life Sciences Industry Fell Behind on Projections for M&A Activity
In 2018 alone, mergers and acquisitions (M&A) activity among the life sciences industry totaled US$198B according to the 2019 EY M&A Firepower Report. The report continues on to state that "Life sciences M&A in 2018 was strong but failed to meet market expectations as companies focused on portfolio optimization."
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