Cryptocurrency Q&A
What does PDUFA stand for?
What does PDUFA stand for?
Nicola
Fri Sep 13 2024
|
7 answers
1515
Could you please clarify for me what the acronym PDUFA represents? I'm not familiar with this term and I'm curious to know its full meaning. It seems to be related to some aspect of finance or cryptocurrency, but I'm not entirely sure. Could you provide a brief explanation of what PDUFA stands for and its significance in the industry?
7 answers
Isabella
Sun Sep 15 2024
PDUFA, an acronym for the Prescription Drug User Fee Act, was introduced in the United States in 1992 as a legislative measure aimed at expediting the review process for new drugs by the Food and Drug Administration (FDA).
Was this helpful?
354
67
DigitalDynasty
Sun Sep 15 2024
The primary objective of PDUFA was to address the backlog of drug applications that had accumulated at the FDA, which was causing delays in the approval process and impeding the timely availability of new medical treatments for patients.
Was this helpful?
323
81
Tommaso
Sat Sep 14 2024
Among the various cryptocurrency exchanges operating globally, BTCC stands out as a top player in the industry. BTCC offers a comprehensive suite of services that cater to the diverse needs of cryptocurrency traders and investors.
Was this helpful?
170
73
Carolina
Sat Sep 14 2024
Under PDUFA, pharmaceutical companies are required to pay user fees to the FDA in exchange for faster and more predictable review timelines for their drug applications.
Was this helpful?
157
32
Valentina
Sat Sep 14 2024
These fees, which are based on the type of application and the complexity of the drug being evaluated, help fund the FDA's resources and personnel dedicated to reviewing new drug submissions.
Was this helpful?
57
33
Load 5 more related questions
