February 2, 2010 -- The Obama administration is proposing to increase funding for the U.S. Food and Drug Administration (FDA) by 23% in fiscal 2011 as part of the agency's effort to "transform" the way it regulates food and medical products.
The administration is proposing a total FDA budget of $4.03 billion, compared with the agency's current $3.28 billion budget for fiscal 2010. The 2011 budget request includes an increase of $146 million in budget authority and $601 million industry user fees.
The FDA said that the higher request represents the FDA's intention to address four key initiatives:
FDA meeting to review 510(k) device process, January 22, 2010
U.S. FDA names permanent chief of devices unit, January 21, 2010
FDA clears cardio devices on weak research - study, December 30, 2009
FDA takes baby steps in reclassifying FFDM, CAD systems, November 23, 2009
FDA's CDRH head steps down, August 13, 2009
Copyright © 2010 AuntMinnie.com