Wednesday, August 22, 2007

New FDA rules to benefit everyone by reduced fee structure for PMA applications

[Click on Post Title for Link to External Article]

So the FDA went ahead and generously reduced the fee structure, even for international companies. They realized a lot of companies are not in a position to pay. I agree. We are all happy with this news.

I am also glad that the EU lobbied with the US to reduce fees.

However, the FDA has me looking at them in admiration! Here's why:

Guess this is their way of making sure that not one of us goes back and asks, "So why in heaven where they charging companies (inside or outside, shouldn't matter - we are talking of people's health) with such exorbitant fees to start with?"

But wait, I just did....oh well. Enjoy submitting your innovations for approval!
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