The document analyzes orphan medicinal products designated and approved in the European Union and United States as of December 2015. It finds that while more orphan drug designations have been granted in the US (3082 vs 1264 in the EU), fewer have resulted in approved products (415 in the US vs 133 in the EU). Certain disease areas have no approved orphan products in the EU. The conclusion calls for increased cooperation between the EU and US to further develop treatments for rare diseases.