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What is a full new drug application 505(b)(1)?

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What is a full new drug application 505(b)(1)?

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A 505(b)(1) application is described by section 505(b)(1) of the act as an application that contains full reports of investigations of safety and effectiveness, in addition to other information. The data in the application is either owned by the applicant or is data for which the applicant has obtained a right of reference.

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