White House Seeks FDA Innovation, Competition Funds
FDA commissioner Scott Gottlieb says the administration’s budget request provides the agency with the resources to continue to fund its current programs at consistent levels and also seeks $400 million in additional funding “to advance planned initiatives to further promote innovation and competition and advance the health and safety of American families.” In a statement, Gottlieb says the new resources will help advance initiatives to support novel medical technology and public health priorities such as generic drug development, pharmacy outsourcing, and novel domestic manufacturing capabilities.
Some of the initiatives he cites are:
- promoting domestic manufacturing through development of efficient regulatory pathways;
- advancing a new domestic drug industry and promoting access by establishing the outsourcing facility sector as a robust and reliable source of compounded products;
- bringing medtech manufacturing home;
- creating a new medical data enterprise;
- facilitating growth and spurring transformation of the digital health technology industry by shifting regulation to an efficient and novel framework for reliable post-market oversight;
- creating a new platform for how the agency more efficiently develops and validates modern science-based principles for new drug development and shares the information with innovators;
- stimulating investment in and innovation of medical products targeted to rare diseases; and
- modernizing generic drug development and review.
“We are grateful for the administration’s support of these initiatives and believe these new investments in our agency’s mission will ultimately lead both to better health outcomes for American families and to greater U.S. economic development,” Gottlieb concludes.