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"26 January 2015 marks the 20th anniversary of the establishment of the European Medicines Agency (EMA). Founded in 1995, the Agency has worked across the EU and globally to protect public health by assessing medicines to rigorous scientific standards and by providing partners and stakeholders with independent, science-based information on medicines."
Via Krishan Maggon
In the past 20 years EMA/EC has approved 975 new medicines, at the rate of 48.7 NCE/NME per year often 2 the FDA rate of approvals for several years.