The number of drug authorizations for the world's top 12 pharmaceuticals companies increased to...

|By:, SA News Editor

The number of drug authorizations for the world's top 12 pharmaceuticals companies increased to 41 over the past year from 32 in the previous year, but the expected revenues from these treatments fell around 30% to $211B. The trend highlights how productivity is declining in the R&D labs of Big Pharma as it struggles to offset the latest patent cliffs.