FIFRA: Finding a Balance Between the Incentive to Innovate with Research and Development Costs
webcast
2 November 2010
Hosted By: The Knowledge Congress
The Federal Insecticide Fungicide and Rodenticide Act (FIFRA) governs the regulation, sale, distribution, and use of pesticides in the United States. To balance the incentives to conduct R&D for new, improved pesticides with entry considerations, a company seeking a new registration may cite data that appear in the public literature and/or were previously submitted to the Environmental Protection Agency by an original data submitter. FIFRA requires that if a prospective registrant relies on an original submitter's data in support of a pesticide registration, the prospective registrant offer to compensate to the original data submitter based on a 15 year compensability period.
This webcast, held on 2 November 2010, provided a comprehensive overview of FIFRA data compensation as well as an understanding of its economic intent. NERA Senior Analyst Stefanie Perrella participated in a panel that discussed a range of critical FIFRA issues, including determining the most reliable, comprehensive, and contemporaneous business records to use in measuring the costs of generating a pesticide; overcoming hurdles of limited or incomplete records; assessing the appropriate adjustments allowed under FIFRA timing issues; and allocating costs between parties.
A recording of this webcast is available on The Knowledge Congress website.
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