US medical device industry and FDA agree on fees (press release)
* Industry to pay $595M in next 5 years
* Missed earlier deadline for fee agreement
* FDA to hold more meetings with devicemakers
WASHINGTON, Jan 31 (Reuters) - U.S. medical device makers agreed to double the fees they pay the Food and Drug Administration in exchange for a more predictable review process for new device applications, people familiar with the deal said on Tuesday.
The industry will pay the FDA about $595 million over the next five years, up from $287 million in the previous agreement, two people said on cond...
