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FDA Emphasizes Support for Innovation in New Report

By Zachary Brousseau posted 06-Oct-2011 16:14

  

US Food and Drug Administration (FDA) Commissioner Margaret Hamburg unveiled the agency’s blueprint for fostering biomedical innovation to help speed medical advances to patients. FDA has come under fire from many in industry and other critics for processes that are too slow and unpredictable, which they say are forcing many developers of innovative new healthcare products to seek approval from regulators in other parts of the world first. The agency also faces pressure from Congress to help the US maintain its status as a world leader in the pharmaceutical, medical device and biotech industries. The report, entitled Driving Biomedical Innovation: Initiatives for Improving Products for Patients, was released in conjunction with Hamburg’s appearance at the 3rd annual Washington Ideas Forum, where she talked about some of the programs and ideas outlined in the report, including the need to be more responsive to small business.

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