Business · 09/12/1997Updated: 10/17/2026 · 1 min read
FDA Announces Prescription Drug User Fee Rates for Fiscal Year 1998
Summary
The Food and Drug Administration (FDA) is announcing the prescription drug user fee rates for Fiscal Year 1998, which were set by the Food and Drug Administration Modernization Act of 1997, subject to inflation adjustments. The rates are based on the FDA's application review workload and are intended to cover the costs of reviewing applications for drug and biological products.