FDA Forms New Board for Drug Exclusivity

The US Food and Drug Administration has formed a dedicated board to oversee and advise on drug exclusivity determinations. The new body aims to improve clarity and consistency regarding market protection decisions for pharmaceutical products.

FILE PHOTO: Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo

The United States Food and Drug Administration established a new review board on Friday afternoon to oversee drug exclusivity determinations. The initiative aims to improve clarity and consistency across regulatory decisions. Drug exclusivity rewards pharmaceutical innovation by granting newly approved treatments a period of market protection before lower-cost generic competitors launch.

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