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Arena Pharmaceuticals, Inc. Message Board

  • indianabraden indianabraden Mar 21, 2013 5:15 PM Flag

    84% approval rate for EMA in 2011

     

    (Globe Newswire, Feb 2013) " Sagient Research Systems, a leading publisher of independent research for the financial services, institutional investment and corporate intelligence communities, recently published an updated report analyzing approval rates at the U.S Food and Drug Administration (FDA) and European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP). According to its research service, BioMedTracker, the rate of drugs that were approved by the FDA in fiscal year 2011 and 2012 were 69% and 76%, respectively. The 76% marked a significant increase over the 5 year average of 69%. The report also analyzed EMA approval rates, with 2011 marking a 6-year high of 84% of drugs receiving a positive opinion. "

    Sentiment: Strong Buy

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