So what’s the correlation between approval times and drug safety? According to a 2005 report by the Tufts University Center for the Study of Drug Development, there isn’t one.
Researchers say the percentage of drugs withdrawn for safety reasons was 3.2 percent in the 1980s, rose slightly in the ’90s to 3.5 percent, and fell in the new century to 1.6 percent. And approval time for drugs that are later withdrawn for safety reasons is not appreciably shorter than the average approval times for all drugs.
The good news is that the dangerous drugs are withdrawn from the market much sooner than used to be the case. The average time between government approval and subsequent safety withdrawal has dropped from 3.7 years in the 1980s to just 0.7 years today.