US Pharmaceutical Product Digest Issue: summer 2005 The U.S. Food and Drug Administration (FDA) approved 27 new drugs last year, up from 21 in 2003. And, there are 10,800 brand and generic drugs are sold in the States. American are living and staying on prescriptions longer with a life expectancy reaching a record high in 2003 of 77.6 years. The demand for medications increases, accordingly. This web-page highlights the new drug development, and generic competition in the US pharmaceutical industry in different therapeutic areas. |