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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
01/27/201511:47:03Medtronic Files 8K - Changes To Articles
01/27/201511:47:02Medtronic Files 8K - Changes Executive Management
01/27/201511:46:11Medtronic Files 8K - Asset Acquisition Or Disposition
01/27/201511:46:11Medtronic Files 8K - Direct Or Off-Balance Sheet Financial Obligation
01/27/201511:46:11Medtronic Files 8K - Listing Notice
01/27/201511:46:11Medtronic Files 8K - Changes To Holder Rights
01/27/201511:46:11Medtronic Files 8K - Changes In Control
01/27/201511:46:11Medtronic Files 8K - Other Events
01/27/201511:46:10Medtronic Files 8K - Entry Into Definitive Agreement
01/22/201510:00:46Covidien Earnings Rise on Growth in Surgical Sales
01/06/201513:15:12Correction to Medtronic Shareholders Approve Deal Story
01/06/201513:05:01Medtronic, Covidien Shareholders Approve Deal
01/01/201512:14:21To Last, M&A Boom Needs to Broaden
12/30/201415:47:17Hedge Funds Stumble Over M&A in 2014
12/07/201420:25:13Deals Fuel Bond Boom
12/01/201419:54:39Medtronic's $17 Billion Bond Sale Is Year's Largest -- Update
12/01/201415:23:29Medtronic Selling Bonds for Covidien Acquisition -- Update
12/01/201410:49:16Medtronic Selling Bonds for Covidien Acquisition
11/28/201407:44:24EU Approves Medtronic's $43 Billion Merger With Covidien
11/26/201418:35:25Medtronic Acquisition of Covidien Receives U.S. FTC Clearance

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