European lag lingers despite 30% rise in approvals

5 October 2022

Market authorization was granted to 92 new medicines in the European Union (EU) last year.

This was a 30% increase on the number of new active substances approved in 2020, according to data from the Pipeline report published by the European Federation of Pharmaceutical Industries and Associations (EFPIA).

The trade group’s report provides an overview of the latest treatments in development and shows intense ongoing R&D in pharma, with some 8,000 medicines being developed.

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