The US Food and Drug Administration succeeded in getting Congress to undo a court ruling that prompted the agency to start transitioning certain products regulated as drugs to device status. The omnibus government funding legislation that cleared Congress at the end of December included a rider specifying that “any contrast agent, radioactive drug, or OTC monograph drug shall be deemed to be a drug” and not a “device.”
As a result, the upheaval in this space will be averted and regulation of these products will go back to as it was prior to a decision by the US Court of Appeals for the District of Columbia in Genus Medical Technologies LLC v. FDA
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
Already a subscriber?