European Medicines Agency Doesn't Expect Number of New Drug Filings to Grow in 2011
The European Medicines Agency expects roughly the same number of new drug applications in 2011 as in 2010, suggesting the pharmaceuticals industry has as yet done little to improve its productivity.
Setting out its work program for the year ahead, Europe's healthcare watchdog predicted there would be 40 applications for new medicines for human use -- an increase of just two on the number of filings received in 2010.
In total 97 applications are expected in 2011, including new "orphan" medicines for rare diseases and generic applications, against 95 last year.
Drug companies will pay a larger proportion of the agency's budget in 2011, with the European Union's contribution to running costs at the London-based organization falling to €33.5 million from €39.1 million 2010.
Fees from manufacturers, which pay to have new drugs reviewed by the EMA, will make up €161 million of 2011 revenue, against €152.8 million in 2010.
