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Friday, September 07, 2012

FDA Approves Cancer Treatments Much Faster

The Food and Drug Administration is approving cancer treatments at a faster rate than other new drugs. Tufts University found FDA takes 10 months less to approve oncology drugs than others. Researchers said a smoother regulatory process has cut six months out of the process for drug makers compared with a decade ago. But they found that for non-cancer drugs the FDA takes longer than its European counterparts. The EU approves those drugs in about two-thirds of the time than it takes the FDA.

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