Home » Pharma Can Expect Slow Reviews if FDA Budget Falls Off Fiscal Cliff
Pharma Can Expect Slow Reviews if FDA Budget Falls Off Fiscal Cliff
The FDA’s fiscal 2013 budget could be reduced by $318 million if Congress fails to agree to a deficit reduction plan by Dec. 31. The cuts would be implemented through a process known as sequestration, which automatically goes into effect if an alternative isn’t found to reduce the total government deficit by at least by $1.2 trillion as mandated by the Budget Control Act of 2011.
Drug Industry Daily
Drug Industry Daily
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