Biologics Overshadow Small Molecules In US FDA’s 2023 Novel Approvals

Gene therapies, bispecific antibodies and vaccines stand out among 2023’s 34 novel biologics and the US FDA’s 38 new molecular entities include fewer breakthroughs.

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Biologics dominated the products entering the FDA's expedited approval programs in 2023. • Source: Shutterstock

Biologic medicines drove innovation in 2023, contributing an outsize share of products qualifying for the US FDA’s expedited review programs compared with new molecular entities.

In 2023, for the third year in a row, novel biologic approvals accounted for more than 40% of the new...

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