The Food and Drug Administration has finalized a guidance (PDF) that will help drug and biologics manufacturers bring products that treat unmet needs to the market faster than the usual approval pathways currently make possible.
“For those drugs that qualify, participating in one of these expedited programs can reduce the time and possibly the cost of developing new therapies that can save lives,” Dr. Janet Woodcock, director of FDA's Center for Drug Evaluation and Research, said in a statement. “That's a win for drug innovation and for patients.”
The guidance describes four expedited programs at the agency and the criteria a medical product needs to meet to use them. These include fast-track designation, breakthrough therapy designation, accelerated approval, and priority review designation. A draft version of the guidance, which received comments from major companies like Merck & Co., Novartis and Pfizer, was released last summer.