FDA approves record number of personalized medicines in 2017: 4 things to know

The FDA approved 16 personalized medicines in 2017 — a record-breaking number for the agency, according to a progress report published by the Personalized Medicine Coalition.

Here are four things to know.

1. The FDA approved 46 new drugs, agents or therapeutic biologics in 2017. Sixteen of the 46, or about 35 percent, are classified as personalized medicines.

2. In 2016, 13 of 45 new drug approvals were personalized medicines.

3. This marks the first time in history that the number of personalized medicines approved in a year topped 30 percent. Ten years ago, personalized medicines accounted for less than 10 percent of new drug approvals.

4. In 2017, the FDA approved the first gene therapy for use in the U.S. Now, three gene therapies have been approved for use.

To read the full report, click here.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.