FDA again approves record-breaking number of generic drugs

Published October 11, 2018 6:10pm ET



The Food and Drug Administration approved or tentatively approved a record-setting 971 generic drugs in fiscal year 2018 that ended last month, the agency announced on Thursday.

The total figure is slightly above the 937 final and tentative approvals in fiscal 2017, which itself was also a record. Generics are copies of brand name drugs and typically much cheaper. The Trump administration has pinpointed quickening generic drug approvals as a key way to bring down prescription drug costs.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.