2010: Another Blah Year at FDA as New Drug Approvals Slip

2010 will not go down in biotech history as a particularly fruitful year for new drug approvals.

2010 will not go down in biotech history as a particularly fruitful year for new drug approvals. Developers managed to gain an FDA approval on only 21 new drugs last year, a drop from the anemic records established in 2008 and 2009. And it only barely edged out the 17 new approvals recorded in 2007--the historic low water mark in biopharma history.

There were 25 new approvals to report in 2009, up just a tad fro