FDA to Partner with Industry to Help Expedite Medical Device Development 12/04/2012Posted by Morse, Barnes-Brown Pendleton in Legal Developments, New Resources.
Tags: FDA, LifeScience Alley, MDIC, medical device
The FDA issued a press release December 3, 2012 announcing its role in a new public-private partnership aimed at expediting medical device review and approval by improving the regulatory science underlying medical device development, assessment and review. In particular, the biomedical science trade association LifeScience Alley (LSA) created the Medical Device Innovation Consortium (MDIC) as an independent, nonprofit corporation that will garner input from stakeholders, including industry, government, and other nonprofit organizations to better understand the regulatory science needs of the medical device industry and provide funding for projects that will simplify medical device design and market approval. The FDA plans to collaborate with MDIC on its supported research and projects.
For additional information, please contact David A. Fazzolare.