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Drugmakers, FDA Agree to New User Fee Deal

By Zachary Brousseau posted 08-Sep-2011 17:11

  

The US Food and Drug Administration (FDA) has reached a deal with pharmaceutical industry representatives that will give the agency an additional two months to review new drugs and raise user fees by 6%. The agreement comes after months of closed-door negotiations aimed at smoothing the way for reauthorization of the Prescription Drug User Fee Act (PDUFA), which is set to expire in October 2012. FDA has published a draft letter summarizing its performance goals and procedures related to the law’s reauthorization. Similar talks between the agency and medical device industry continue.

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