Drug Approvals At 19-Year High Belie Industry Challenges

2015 was a good year for innovation in medicine with the U.S. Food and Drug Administration approving 45 novel drugs, four more than in 2014 and the most since the all-time record of 53 set in 1996.

Across the Atlantic, the European Medicines Agency recommended 93 new products, including generics, up from 82 in 2014.

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