Innovation, Competition And The FDA
The World Economic Forum has recently announced its country competitiveness rankings for 2010, and the news is not good: The U.S. slipped to fourth place. President Obama has repeatedly stressed that we must act to reverse this decline by encouraging American innovation. He has made clear his conviction that vibrant entrepreneurialism is the key to America's continued global leadership and the ...

Minnesota lawmakers critique FDA medical devices policy over IDEs
The medical device industry s favorite Congressional delegation has fired another salvo at the FDA approvals process. Minnesota s entire Congressional delegation sent a letter Thursday to U.S. Food and Drug Administration Commissioner Margaret Hamburg saying they are very concerned about the Investigational Device Exemption (IDE) review process. The delegation cites some of the industry s ...

FDA commissioner reaches out to small businesses
The head of the Food and Drug Administration pledged Friday to work more closely with small medical technology companies, which have spent the last year alleging that the agency is needlessly slowing approvals of new drugs and devices.