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February 26, 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?    
 
 
Someone Cannot Enter Into A Contract If The Agreement Is Not Enforced
Someone cannot enter into a contract if it is impossible to carry out what is in the agreement. For example, someone agrees to sell you a car and you agree to buy that car. But the car gets stolen before you sign the agreement. Then it is impossible for the contract to be enforced because there is no car.

 


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News about contract cases in Massachusetts and nationwide:

Contractor Shall Be Included As Part Of The Contractor's
An STA may implement procedures or requirements which extend preferential employment to all Indians. Recruiting efforts may be targeted toward thos...
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Contract Terms

 


Today's Terms

Action Ex Contractu

Definition:
A legal action for breach of a promise stated in an express or implied contract.

Instrument

Definition:
Any written document that gives formal expression to a legal agreement or act.

Turnkey Contract

Definition:
An agreement under which a contractor agrees to complete a product so that it is ready for use when delivered to the other contracting party.

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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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Massachusetts Contract Attorney

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

  • Amherst
  • Attleboro
  • Beverly
  • Boston
  • Brighton
  • Brockton
  • Chelsea
  • Everett
  • Fitchburg
  • Framingham
  • Holyoke
  • Lawrence
  • Leominster
  • Lynn
  • Malden
  • Marlborough
  • Medford
  • Methuen
  • New Bedford
  • Peabody
  • Pittsfield
  • Plymouth
  • Quincy
  • Revere
  • Salem
  • Taunton
  • Westfield
  • Woburn
 


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