Pazdur, a 26-year veteran of the FDA, was
“The departure of this well-respected leader adds uncertainty and is a net negative for most of the sector,” RBC analyst
Shares of biotechnology stocks fell on Tuesday after the news.
The FDA confirmed Pazdur’s intent to retire but gave no details. As the founding director of the Oncology Center of Excellence, he advanced care for countless patients and leaves a legacy of regulatory innovation that will shape the agency for years to come, FDA spokesperson Caleb Michaud said.
Staff Turmoil
Makary has been grappling with high turnover among the FDA’s top ranks. Pazdur’s appointment came after the previous top drug regulator,
This summer,
The FDA also slashed headcount as part of a push from Health and Human Services Secretary
The moves have made it more difficult for pharmaceutical companies to navigate drug approvals, because regulators can have different philosophies around greenlighting new medicines. The Trump administration has also taken broader steps to revamp the US approach to health care.
Pazdur’s appointment was greeted with relief by the $800 billion-a-year drug development industry. Big drug companies have worked with him for years on dozens upon dozens of cancer drug approvals. He was the architect behind the agency’s speedier reviews a decade ago, especially for newer cancer cocktails under the division he led.
Pazdur initially declined to take the position as CDER director before ultimately deciding to accept it, according to people familiar with the matter who were not authorized to publicly discuss private details.
The retirement was first reported by Stat.
(Adds analyst comment in in the third paragraph, FDA statement in the fifth paragraph.)
--With assistance from
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Kelly Gilblom, Michelle Fay Cortez
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