FDA’s Budget Proposal: It’s The User Fees’ Agency Now

User fees, not appropriations, will make up the bulk of FDA’s human drug spending if President Obama’s FY 2014 budget comes to pass, a trend fueled by new user fee programs and cuts to taxpayer funding.

President Obama’s FY 2014 budget proposal would make FDA increasingly reliant on user fees, which are slated to make up close to two-thirds of the agency’s $1.3 billion in human drugs program spending, up from just over 50% of spending in FY 2012 – a shift driven by both the growth of user fee programs and cuts to taxpayer funding.

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Pink Sheet for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from United States

More from North America