In Brief: FDA FY 1998 budget proposal
This article was originally published in The Tan Sheet
Executive Summary
FDA FY 1998 budget proposal: Cuts the federal obligation for drug reviews to $296 mil. from $329 mil. in the current fiscal year, which began Oct. 1. The president's budget, released Feb. 6, proposes a total FDA authority of $820 mil. The cut includes a drop in total personnel compensation from $470 mil. in FY 1997 to $421 mil. in FY 1998. The Administration is proposing that the budget cut would be compensated for by new user fees, some of which, however, have been proposed in the past and rejected by industry and Congress...