
Act to Collect Money From Drug Manufacturers has Bipartisan Support
The popular PDUFA for the FDA is up for its five-year reauthorization.
The Prescription Drug User Fee Act (PDUFA) is up for renewal and one leader in the Senate is predicting that it will get bipartisan support.
The act, which must be reauthorized every five years, allows the FDA to collect millions of dollars from the manufacturers of drugs, money that it uses to cover about 60% of the costs of reviewing and approving new products.
Sen. Mitch McConnell (R-KY), Majority Leader in the Senate, told
PDUFA was first passed in 1992, when drug makers were complaining that the review and approval process at FDA was taking too long and when
This year’s bill was approved by a Senate panel by a vote of 21 to 2. The current act expires in September. However, Reuters noted that the proposal is unlikely to be approved in this cycle.
“The
The proposed 2018 budget issued by the White House calls for the pharmaceutical industry to cover all the costs of drug and medical device reviews.
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