The Role of the New Drug Application in FDA Approval

 

FDA pic
FDA
Image: FDA.gov

The founder and chairman of Cambridge Therapeutics, John Klein draws on more than two decades of experience as a senior executive with companies such as Zenith Laboratories, Ivax, and NovaDel Pharma. During his career, Cambridge Therapeutics founder John Klein has gained a deep understanding of the U.S. Food and Drug Administration’s (FDA) approval process.

Before applying for FDA approval to market a new drug, sponsors must file a New Drug Application (NDA), in which they are required to detail data and analyses regarding the drug’s manufacturing process, pharmacology, dosage, and toxicology, as well as any human and animal studies. Upon the submission of an NDA, the FDA can take as long as 60 days to decide if it is going to file it for further review or reject it on the basis that it requires additional information.

If filed for review, the NDA is then evaluated by the FDA’s Center for Drug Evaluation and Research (CDER), which can take up to 6 months to act on priority drugs and 10 months for all other drugs. The CDER can then either approve or reject the drug, or issue an approvable letter regarding the drug which states minor deficiencies that need to be corrected before ultimate approval. The NDA process has served as the basis for regulating new drugs in the United States since 1938.

The Wall Street Transcript Recognizes Success in Business

 Wall Street Transcriptpic
Wall Street Transcript
Image: twst.com

As the chairman of New Jersey-based Cambridge Therapeutics, John Klein leverages more than two decades of experience in the pharmaceutical industry to manage the development of combination drug therapies. Over the course of his career, John Klein has received recognition as an Outstanding CEO from Mitchell & Company and has been awarded Bronze Standing by the Wall Street Transcript for his role in enhancing enterprise value.

Established in 1963 to serve the financial community, the Wall Street Transcript is a publication and website that features interviews with CEOs and executives from numerous public companies. Readers can access a searchable database with more than 25,000 CEO interviews, as well as investing strategy and industry reports. Regular contributors include prominent investment houses such as Goldman Sachs, Merrill Lynch, and Morgan Stanley.

Named by Forbes as the Best Web Site Publication for Stock Picking, the Wall Street Transcript has approximately 200,000 readers each month. To browse content and interviews, or for information on subscriptions, visit www.twst.com.