FDA reauthorization bill passes Senate committee

Share this article:
 
A funding reauthorization bill that regulates the Food and Drug Administration cleared a hurdle Wednesday when a Senate committee approved it.
 
The legislation, approved by the Health, Education, Labor and Pensions Committee, reauthorizes user fees that drug and medical device industries pay to the FDA. It also adds a new fee for companies that make generic medications, specifically allowing the government to collect $299 million each year in fees from the generic drug industry for four years.
 
If the bill passes, it also would allow FDA reviewers to speed up the clearance of products for rare disease. The language also calls for developing incentives for "development of new qualified infectious disease products (QIDPs) by providing an additional five years of market exclusivity." That could be good news for nursing homes, where infectious diseases can be deadly to vulnerable seniors.
 
Congress has to send the bill to the president by Oct. 1. To read the HELP committee's bill, click here.
Share this article:

More in News

Bill addressing admission status receives praise

A bill that would require hospitals to give patients a formal notice of their admission status has received strong support from healthcare associations.

Increased 'bed taxes' on nursing facilities warrant stricter federal oversight, report states

States have been increasingly taxing skilled nursing facilities and other healthcare providers to fund Medicaid in recent years, and federal authorities should look more closely at this trend, according to a government report released Tuesday.

Last chance: Tech Awards deadline arrives

Last chance: Tech Awards deadline arrives

There are hours left for innovative long-term care providers to enter the third annual McKnight's Excellence in Technology Awards. Submissions will be accepted until the stroke of midnight tonight.