ARTICLE | Product Development
Half of FDA approvals are sponsored by biotechs; almost all are marketing in the U.S. themselves
By C. Simone Fishburn, Editor in Chief
November 20, 2024 9:43 PM UTC
Biotechs are shedding their reliance on pharma to get drugs across the finish line for approval, with half the FDA approved drugs now being taken the whole way by independent biotechs.
It’s the latest metric to highlight the maturation of the sector, reflecting the increasing number of companies that have the internal know-how and funding to control the fate of their own programs. …
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- Source: https://www.biocentury.com/article/654172/biotechs-now-match-pharma-for-fda-approvals