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Update Feb 4, 03 #2

FDA announces the following:
FDA LAUNCHES INITIATIVE TO IMPROVE THE DEVELOPMENT AND AVAILABILITY OF INNOVATIVE MEDICAL PRODUCTS

The Food and Drug Administration (FDA) today announced a broad initiative to help make innovative medical technologies available sooner, and to reduce the costs of developing safe and effective medical products while maintaining FDA's traditional high standards of consumer protection. This is an FDA-wide initiative, involving all four of FDA's medical product review centers (drugs, biologics, devices, and veterinary medicine).

FDA intends to achieve this goal through new actions in three major areas:

* Reducing the delays and avoidable product development costs by avoiding multiple cycles of FDA review when possible, through early communication and other steps to improve the quality of new product applications

* Improving the quality and efficiency of the review process, by adopting a quality systems approach to medical product reviews

* Facilitating new product development, by providing clearer up-to-date guidance for particular diseases and for emerging technologies

For more information on this initiative please visit the following:

Improving Innovation in Medical Technology: Beyond 2002

 

 

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