House Increases FDA Funding for Medical Devices
The US House of Representatives has passed a bill that will increase funding for the FDA’s Center for Devices and Radiological Health (CDRH), to US$315M in fiscal year 2010. Industry exponents and lobbyists have praised the efforts for the advancement of the device industry, but the increase falls below the $350M originally sought. Still, the $35M boost is welcomed and represents a 12% increase over fiscal year 2009. What’s left? The bill must be approved by the Senate and signed by President Obama, but opposition is not expected. What a propitious move for the device industry- hopefully this is an augury for a good new year!