Showing posts with label new product approvals. Show all posts
Showing posts with label new product approvals. Show all posts

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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