MDMA Applauds Senate HELP Committee's Vote on MDUFMA Bill

The Medical Device Manufacturers Association (MDMA) today welcomed action by a Senate Committee to help smaller medical technology innovator companies afford the rising costs of device submission fees for important new products.

The Senate Health, Education, Labor and Pensions Committee unanimously passed out of committee the Medical Device User Fee Stabilization Act of 2005.” This bill, among other provisions, increases the threshold for granting small business relief from $30 million to $100 million for device submissions.