US FDA asks for $4bn for 2011

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Related tags: Pharmaceutical drug, Food and drug administration

The US FDA says regulating the safety of drugs will cost $100m more in fiscal 2011 than it will this year, and has asked for a 23 per cent increase in its budget to $4.03bn.

The Food and Drug Administration (FDA) said that the request reflects its continued efforts to improve the safety of medical products and provide improved protection for US patients.

The agency also requested an additional $25m to advance regulatory science explaining that the increase will help it “identify improved pathways to product development and approval for new technologies that offer promising new opportunities to diagnose, treat, cure and prevent disease.

FDA Commissioner Margaret Hamburg said: “This budget supports the ability for patients and families to realize the benefits of science that are yielding revolutionary advances in the life and biomedical sciences​.”

Related topics: Markets & Regulations, Globalization

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