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Medical Device Makers To Double FDA Fees: Sources - Bloomberg News

DOW JONES NEWSWIRES Medical device makers will double how much they pay the Food and Drug Administration--to $595 million from $295 million--in a deal for faster product reviews over the next five years, Bloomberg News reported Wednesday on its website, citing two unnamed sources. The new pact, which must be authorized by Congress, replaces the previous deal that expires on Sept. 30, according to the report. The FDA has said it will use any added money to increase evaluation staff, the report said. An FDA spokeswoman, Karen Wiley, said both sides are "close to an agreement," while a spokeswoman for the Advanced Medical Technology Association, the industry's Washington lobby, declined comment, the report said. Full Story: http://www.bloomberg.com/news/2012-01-31/device-makers-said-to-double-fda-fees-to-get-quicker-product-reviews.html

Stock News for Medtronic (MDT)
DateTimeHeadline
08/23/201608:54:05Medtronic Completes Acquisition of HeartWare International
08/19/201616:15:31Medtronic Announces Cash Dividend for Second Quarter of Fiscal...
08/17/201615:19:20Statement of Changes in Beneficial Ownership (4)
08/16/201609:00:24Medtronic to Announce Financial Results for Its First Quarter...
08/11/201607:00:15Medtronic Announces U.S. Launch of the MiniMed® 630G System...
08/10/201608:28:25Proxy Statement (definitive) (def 14a)
08/08/201609:00:17Medtronic Receives CE Mark for SureTune2(TM) for Deep Brain Stimulation...
08/03/201613:49:38Statement of Changes in Beneficial Ownership (4)
08/03/201613:47:42Statement of Changes in Beneficial Ownership (4)
08/03/201613:46:32Statement of Changes in Beneficial Ownership (4)
08/03/201613:45:40Statement of Changes in Beneficial Ownership (4)
08/03/201613:44:18Statement of Changes in Beneficial Ownership (4)
08/03/201613:43:22Statement of Changes in Beneficial Ownership (4)
08/03/201613:42:07Statement of Changes in Beneficial Ownership (4)
08/03/201613:41:39Statement of Changes in Beneficial Ownership (4)
08/03/201613:40:28Statement of Changes in Beneficial Ownership (4)
08/03/201613:38:37Statement of Changes in Beneficial Ownership (4)
08/03/201613:38:37Statement of Changes in Beneficial Ownership (4)
08/01/201616:09:45Statement of Changes in Beneficial Ownership (4)
08/01/201616:08:06Statement of Changes in Beneficial Ownership (4)

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