New Drug Approvals Fall to Six-Year Low in 2016

New Drug Approvals Fall to Six-Year Low in 2016
AP Photo/Andrew Harnik, File

Last year turned out to be a disappointing one for new drug approvals with the U.S. Food and Drug Administration clearing just 22 new medicines for sale, the lowest number since 2010 and sharply down on 2015's tally of 45.



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