FDA To Crack Down On Devices; Big Pharma Places Riskier Bets On Biologics

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News reports cover developments in the pharmaceutical and medical device industries. The Associated Press: "Makers of X-ray machines, drug pumps and other medical devices would have to submit more safety information to win federal approval under a proposal designed to tighten regulation of thousands of products reviewed each year. The Food and Drug Administration released recommendations Tuesday night designed to improve oversight of the U.S. device industry, including the government's ability to revoke approval for products that prove unsafe or ineffective" (Perrone, 8/3)...


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