JEFFORDS FDA REFORM BILL SETS "COMPETENT AND RELIABLE" STANDARD FOR COST-EFFECTIVENESS CLAIMS; COMPOUNDING AND UNIFORMITY LANGUAGE NOT IN BILL
Executive Summary
Pharmacoeconomic information provided to a formulary, managed care company or other similar entity would be required to meet a "competent and reliable" standard under an FDA reform measure (S 830) introduced by Senate Labor and Human Resources Chairman Jeffords (R-Vt.) June 5.