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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
04/22/201517:03:41Amended Statement of Changes in Beneficial Ownership (4/a)
04/22/201516:48:57Amended Statement of Changes in Beneficial Ownership (4/a)
04/22/201516:00:41Amended Statement of Changes in Beneficial Ownership (4/a)
04/22/201515:22:37Amended Statement of Changes in Beneficial Ownership (4/a)
04/22/201511:46:00Inspire Therapy Approved for Sleep Apnea Patients at Military...
04/21/201514:03:023 Things to Know About Apple and IBM's Most Recent Cloud Computing...
04/21/201511:00:00Medtronic Begins Enrollment in Feasibility Study of Valiant 'Mona...
04/20/201523:49:50IBM Continues Painful Transition
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04/20/201518:18:37IBM Reports Another Revenue Decline -- Update
04/20/201518:17:05IBM Reports Another Revenue Decline
04/20/201518:16:45IBM Reports Another Revenue Decline
04/20/201516:43:14Amended Statement of Changes in Beneficial Ownership (4/a)
04/20/201512:00:00Study of Upper Airway Stimulation (UAS) Therapy for Sleep Apnea...
04/20/201508:27:00Des essais internationaux ont établi que l’ajout d'une procédure de...
04/19/201509:19:03Pain-Free Blood Tests? Sign Me Up!
04/19/201507:14:033 Megatrends in Healthcare
04/17/201512:02:00Studi clinici globali dimostrano che l'aggiunta della trombectomia...
04/17/201507:08:00Global Trials Show Addition of Medtronic’s Solitaire™ Device Ste...

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