7:51 AM
Oct 11, 2018
 |  BC Extra  |  Politics & Policy

FDA approves record number of generics in FY18

FDA approved 971 generic drugs during FY18, the most the agency has ever approved in a fiscal year. The figure rose from 937 during FY17, and 835 in FY16.

The agency issued 781 final approvals and 190 tentative approvals during FY18, which ended Sept. 30. Among all of the generic drugs approved, 12% were complex generics and 95 were first-time generics.

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