FDA's breakthrough device program, meant to benefit patients, is delivering the biggest gains for companies By Katie Palmer and Mario Aguilar Molly Ferguson for STAT In dozens of interviews with companies, regulatory experts, investors, and independent researchers, STAT found that many breakthrough recipients co-opt the label to promote their products and entice new investors. The program has grown dramatically as the breakthrough label has become a business imperative. “The number of breakthrough device designations have gone up so much, I think it’s pretty clear that definition has been applied very loosely,” said Rita Redberg, a cardiologist and health policy researcher at the University of California, San Francisco. Read More |
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