Medtech Insight is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

CBO scores contact lens proposal

This article was originally published in The Gray Sheet

Executive Summary

Despite the imposition of more stringent federal requirements, neither sellers, prescribers nor manufacturers of decorative, non-corrective lenses would be saddled with "significant" additional expenses following implementation of legislation (S 172) to regulate all contact lenses as devices, according to a Congressional Budget Office cost estimate released April 15. CBO estimates that the direct costs of the mandates in the bill would not exceed $123 mil. in 2005, with FDA incurring additional expenses of less than $500,000 annually. Sponsored by Sens. Mike DeWine (R-Ohio) and Edward Kennedy (D-Mass.) and marked up unanimously March 9 by the Senate Health Committee, S 172 emerged following reports of teenagers who developed serious eye problems after using nonprescription cosmetic lenses purchased from unauthorized vendors (1"The Gray Sheet" March 14, 2005, p. 16)...

Latest Headlines
See All
UsernamePublicRestriction

Register

MT021973

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel