What Does PDUFA Stand For?

PDUFA stands for Prescription Drug User Fee Act Of 1992

PDUFA, or the Prescription Drug User Fee Act of 1992, is a U.S. legislation that allows the Food and Drug Administration (FDA) to collect fees from pharmaceutical companies submitting new drug applications. The act aims to expedite the drug approval process and enhance the agency's capacity to review and approve new medications, thereby ensuring that safe and effective drugs reach the market more quickly while maintaining high regulatory standards.