White Paper

First-Time Friction

The declining efficiency of FDA initial filings.

Executive Summary

Eventual FDA approval rates remain above 90% across most pathways — but first-cycle approval rates have been declining for a decade. Complete Response Letter (CRL) rates have risen from approximately 5% in 2015 to 21% in 2024. ANDA first-cycle approval sits at just 18.9%. Refuse-to-File rates have surged, and 84.5% of RTF letters cite scientific or technical deficiencies that could have been caught earlier.

The gap between eventual and first-cycle approval is where the industry's cost, time, and risk concentrate. Each rejected cycle means months of additional work, additional capital burn, and increased patient-access delay.

This paper analyzes the categories of deficiency driving first-cycle rejection — and the artifacts that, if drafted with greater precision and traceability, would close the gap.

Key statistics
CRL rates 5% → 21% (2015–2024) · ANDA first-cycle approval only 18.9% · 84.5% of RTFs cite scientific/technical gaps

Key Findings

Read the full analysis

The full white paper — including methodology, source citations, and detailed analysis of each finding — is available as a downloadable PDF.

Download the full paper

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