US FDA requests 23% increase in funds for FY 2011 - update
This article was originally published in RAJ Devices
Executive Summary
President Barack Obama has requested over $4 billion in funds for the US Food and Drug Administration’s fiscal year 2011 budget1,2. The request represents a 23% increase over the FY 2010 budget, when the FDA received around $3.28 billion3. The money would be used to fund major initiatives aimed at improving medical product safety, protecting patients and modernising the FDA’s regulatory science, among other things.