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July 20, 2010
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Contract News

 

FDA Awards Contract to Assess Decision-Making Process

The Food and Drug Administration (FDA) has awarded a contract to Booz Allen Hamilton to conduct a thorough evaluation of the postmarketing study commitment process for collecting medical information. The goal of this in-depth examination is greater internal consistency across the medical Centers at FDA for requiring, requesting, facilitating, and reviewing postmarketing study commitments.

Postmarketing study commitments, also called Phase 4 commitments, are studies conducted after FDA has approved a product for marketing that a sponsor is required, or has agreed, to conduct. These studies play a vital role in helping to complete the medical community’s knowledge concerning the best use of a product because these PMCs are intended to further define the safety, efficacy, or optimal use of a product.

“Even the largest and best designed pre-market studies cannot reasonably answer all of the important questions that may arise about medicines,” said Steven Galson, M.D., Director, Center for Drug Evaluation and Research. “Continuing to evaluate drugs after they are approved is an important part of ensuring their safety and learning new things about their benefits.” Read more at fda.gov


 

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Did You Know?    
 
 
If You Co-Signing For Someone Else You Are Responsible For Their Debt
If you co-sign, you are responsible for their entire debt. Therefore, if the other person chooses not to pay you will have to pay the full amount, even if you had no part of the services or goods.

 


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News about contract cases in Virginia and nationwide:

NASA Announces Mars Science Lab Mission Launch Contract
NASA's Kennedy Space Center in Florida has selected Lockheed Martin Commercial Launch Services Inc. to deliver an Atlas V rocket for the Mars Scien...
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US: Playing Politics With Federal Contracts
US: Playing Politics With Federal Contracts

Secretary of Housing and Urban Development (HUD) Alphonso Jackson suggested at...

Read more >


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Contract Terms

 


Today's Terms

Avoidance Of Contract

Definition:
The legal cancellation of a contract because an event occurs that makes performance of the contract terms impossible or inequitable and that releases the parties from their obligations.

Exculpatory Clause

Definition:
A contractual clause that releases one party from liability in case of wrong doing by the other party involved.

Sales Agreement

Definition:
A contract by which a seller agrees to convey property to a buyer for a stipulated price under specified conditions.

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Contract Hot Topics

 


Topics Related to Contract:

  • Acceptance
  • Breach of Contract
  • Conditions
  • Liability
  • Offers
  • Underwriter
  • Warranty
  • Competent Parties
  • Mutual Assent
  • Consideration

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Virginia Contract Attorney

 
If you live in the following cities and need an Contract attorney you should contact our Contract Attorney as soon as possible:

  • Alexandria
  • Annandale
  • Arlington
  • Ashburn
  • Blacksburg
  • Burke
  • Centreville
  • Charlottesville
  • Chesapeake
  • Chester
  • Chesterfield
  • Christiansburg
  • Colonial Heights
  • Culpeper
  • Danville
  • Dumfries
  • Fairfax
  • Falls Church
  • Fredericksburg
  • Front Royal
  • Glen Allen
  • Hampton
  • Harrisonburg
  • Herndon
  • Hopewell
  • Leesburg
  • Lorton
  • Lynchburg
  • Manassas
  • Martinsville
  • Mc Lean
  • Mechanicsville
  • Midlothian
  • Newport News
  • Norfolk
  • Petersburg
  • Portsmouth
  • Powhatan
  • Radford
  • Reston
  • Richmond
  • Roanoke
  • Salem
  • Spotsylvania
  • Springfield
  • Stafford
  • Staunton
  • Sterling
  • Suffolk
  • Vienna
  • Virginia Beach
  • Waynesboro
  • Williamsburg
  • Winchester
  • Woodbridge
  • Yorktown
 


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