If passed, the bill would reauthorize the fee system drug and devicemakers must follow for the next five years for the FDA to review their products.
The committee agreed to add four amendments to the bill, including a provision to boost generic drug competition and offer a 180-day exclusivity period for generic drugs in a limited market, according to Regulatory Focus. Other amendments involve protecting the healthcare supply chain, revamping medical device inspections and permitted over-the-counter hearing aids, which the Senate also agreed to last week.
More articles on supply chain:
Top 5 retail pharmacy chains by store count
4 latest FDA approvals
Supply chain tip of the day: Reducing supply fee structures
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
