In recent years there has been a lot of debate over the effectiveness of the Food and Drug Administrations’ medical device review system, i.e., the 501(k) process. Its critics say that the review system is not comprehensive enough and allows for the approval of unsafe medical devices. However, its advocates argue that a quick and easy approval process is necessary to ensure American patients can take advantage of the most advanced medical products available; a more involved review system would only mean more red tape for medical device companies.
In an attempt to find ways to improve its much-debated medical device review system, the FDA sought the advice of a panel of doctors and researchers from the Institute of Medicine (IOM). Over the years, the IOM has made numerous recommendations for improving government programs. However, in the case of the 501(k) process, the IOM’s recommendations were perhaps more severe than the FDA had anticipated. Rather than suggesting various ways the program could be changed, the IOM instead recommended that it be abandoned all together.
In support of its recommendation, the IOM panel stated that the 501(k) approval process was “flawed” and “does not really assess safety and effectiveness.” In order to obtain approval under the 501(k) process>, a medical device manufacturer must show that its medical device is similar to a device that is already on the market. The approval process was created in the 1970s to allow the FDA to quickly grant approval to those products shown to be similar to those already on the market. However, while it was meant as a temporary method to help grandfather in devices that were already in widespread use, the 501(k) process has become the standard for medical device approval.