House Approves FDA Funding Bill to Reduce Drug Shortages

The House of Representatives on Wednesday approved a bill to provide a significant portion of funding for the Food and Drug Administration, according to a Reuters report.

The bill gives the FDA authority to prevent drug shortages and speed reviews of medical devices, and also ensures the safety of drugs imported from abroad through the collection of fees from companies. Those fees will fund FDA inspections of foreign facilities and give drugmakers incentives to produce antibiotics to treat troublesome conditions.

The Senate recently passed its own FDA authorization bill, which is similar to the one the House passed but different on several fronts. The bills disagree on some medical device safety provisions and which antibiotics should qualify for incentives. Further, the Senate version includes room for a law that would implement a national system for tracking medications to cut down on fake or stolen drugs.

More Articles on the FDA:

Senate Passes FDA Safety and Innovation Act
Teleflex Receives FDA Clearance for Epidural Catheter
FDA Guidance Seeks to Reduce Radiation Exposure to Children

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