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Old 08-16-2011, 10:07 AM #1
CarolynS CarolynS is offline
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CarolynS CarolynS is offline
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Join Date: Nov 2008
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15 yr Member
Default FDA, Industry Reach Generic Drug Fee Agreement

FDA, Industry Reach Generic Drug Fee Agreement

The New York Times, Published August 16, 2011

U.S. regulators and generic drugmakers have reached a compromise agreement for a user-fee program that would require the companies to pay some $299 million in the first year to accelerate drug approvals.

The Food and Drug Administration has been in negotiations with the generic drug industry since February to establish a user-fee program similar to one in place for brand-name drugs and medical devices.
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