FDA and industry reach agreement in principle on medical device user fees

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Title: FDA and industry reach agreement in principle on medical device user fees

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02/01/2012 09:48 AM EST

The FDA and representatives from the medical device industry have reached an agreement in principle on proposed recommendations for the third reauthorization of a medical device user fee program. The recommendations would authorize the FDA to collect $595 million in user fees over five years, plus adjustments for inflation. Details of the agreement, such as the fee structure, are expected to be finalized soon.

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