Industry Responds to MDUFMA

Submitted by apoorboy on Thu, 2012-02-02 13:38

It's been a long year waiting, but the medical device industry and the FDA signed off on a tentative agreement for the next 5 years of med-tech user fees. The result is the industry's expected buy-in will nearly double; and the FDA will be expected to do more than it has prior.

MDUFMA (Medical Device User Fee & Modernization Act) tentatively raises user fees to $595 million over five years.