InvestorsHub Logo
Followers 1
Posts 19
Boards Moderated 0
Alias Born 09/09/2012

Re: None

Saturday, 07/30/2016 7:05:58 PM

Saturday, July 30, 2016 7:05:58 PM

Post# of 401420
FROM FDA Website:

1. What is the most significant change resulting from the finalization of this rule?

FDA will now begin issuing complete response letters when communicating a decision to a drug company that its new drug application (NDA) or abbreviated new drug application (ANDA) to market a new or generic drug will not be approved in its present form. Currently FDA issues either approvable or not approvable letters in these cases. Complete response letters will only be issued for applications that are not approved; this rule will not impact how FDA communicates decisions to approve an application.

2. Why is FDA adopting the use of complete response letters?

A complete response letter provides a more consistent and neutral mechanism to convey that our initial review of an application is complete and we cannot approve the application in its present form. It provides a more consistent approach to informing applicants of changes that must be made before an application can be approved, with no implication regarding the ultimate approvability of the application. The adoption of complete response letters is one of the Agency’s commitments under the Prescription Drug User Fee Act (PDUFA).

3. Will this rule change how FDA communicates decisions to not approve a marketing application for a biologic product?

No; FDA has been issuing complete response letters for all products for which marketing approval is sought under a biologics license application since 1998.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ELTP News