FDA Seeks $60 Million in Funding to Improve Access to Safe and Effective Medical Products

FDA has announced its budget request as part of the President’s 2023 fiscal year budget. Within the medical product sector, the agency is asking for $60 million to help improve access to safe and effective medical products:

Under the FDA’s funding requests that serve its core operations, the agency asked for $68 million to invest in data modernization and enhanced technologies to improve core programs and infrastructure related to medical product programs, including enhancements to data-informed capabilities like artificial intelligence and machine learning; $24 million to optimize inspections, including increasing support for recruiting and training new FDA investigators; $5 million in funding has been requested to go towards a strategy for new and alternative methods for product testing in an effort to reduce animal testing.

The FY budget covers October 1, 2022 through September 30, 2023.

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