A top Food and Drug Administration official said Tuesday the reauthorization of the agency's animal drug user fee agreements would help speed up its process of approving generic animal drugs, decreasing the cost of caring for food-producing and companion animals.
"The generic animal drug industry is a relatively new industry.
Last year, 240 generic animal drug applications were received by the FDA, Alexander said during his opening statement.
In addition, he promised to collaborate with Sen. Rand Paul, R-Ky., on enhancing the efficacy of how the FDA approves naturally-occurring food additives, such as algae and hemp products.
Alexander said he hopes the committee would mark-up the animal drug user fee agreements by the end of February before the current reauthorization expires on Sept. 30.