Biden administration proposes funding bump for FDA, nixing interchangeability requirement

Just days af­ter Con­gress passed the FDA’s fis­cal year 2024 ap­pro­pri­a­tions pack­age at the 11th hour, the Biden ad­min­is­tra­tion is ask­ing for a bump in FDA fund­ing for fis­cal year 2025.

The ad­min­is­tra­tion’s FY25 bud­get re­quest, un­veiled Mon­day af­ter­noon, in­cludes $7.2 bil­lion in to­tal fund­ing for the agency, split be­tween ap­pro­pri­a­tions and user fees, an over­all in­crease of about $495 mil­lion. Of the to­tal fund­ing, about $3.7 bil­lion would come from ap­pro­pri­a­tions, and the agency could col­lect about $3.5 bil­lion in fees.

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