Industry, US FDA Strike $1Bn Deal After Contentious User-Fee Negotiations
• By Ferdous Al-Faruque
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FDA and industry have finally struck a tentative deal that, with Congressional approval, aims to raise nearly a billion dollars over five years. It also holds FDA to higher quality metrics while starting a pilot project to use real-world evidence in tracking devices on the market.
[Editor's note:This story was updated on Aug. 24 to reflect that the proposed revenue from MDUFA IV fees is a significant increase compared to MDUFA III.]
US FDA has struck a deal with industry groups in the latest round of negotiations over the Medical Device User...
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This week, Establishment Labs Holdings announced the FDA gave it premarket approval for Motiva breast implant, Cologuard lands FDA approval for Cologuard Plus and GE HealthCare gets FDA nod for a new imaging agent. The FDA announces another expansion for TAP into ophthalmology and radiology. The AAMI and CTA will join forces to develop standards for AI and ML-enabled health care products.
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