Implantation or Injectable Dosage Form New Animal Drugs; Polysulfated Glycosaminoglycan, 67815-67816 [E9-30222]
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Federal Register / Vol. 74, No. 243 / Monday, December 21, 2009 / Rules and Regulations
accommodation will impose any new or
increased costs on issuers. In the CostBenefit Analysis section of the 2004
Adopting Release, we noted that ABS
issuers electing the Web-based
accommodation provided by Rule 312
would incur costs related to the
maintenance and retention of static pool
information posted on a Web site and
might also incur start-up costs.36 While
it is likely that certain of those costs will
continue to impact ABS issuers that
elect the Web-based approach during
the extension period, we do not believe
the amendment will impose any new or
increased costs for ABS issuers because
it does not change any other conditions
to the accommodation or the underlying
filing and disclosure obligations. As a
result of the extension of the
accommodation, ABS issuers will be
able to continue their current practices
for an additional year.
For investors, there may be costs
associated with the static pool
information not being electronically
filed with the Commission. For
example, when information is
electronically filed with the
Commission, investors and staff can
access the information from a single,
centralized location, the EDGAR Web
site. We think these costs are mitigated
by the fact that ABS issuers relying on
the Rule 312 accommodation must
ensure that the prospectus for the
offering contains the Internet Web site
address where the static pool
information is posted, the Web site must
be unrestricted and free of charge, such
information must remain on the Internet
Web site for five years with any changes
clearly indicated and the issuer must
undertake to provide the information to
any person free of charge, upon request,
if a subsequent update or change is
made. Furthermore, because the
information is deemed included in the
prospectus under Rule 312, it is subject
to all liability provisions applicable to
prospectuses and registration
statements.
Investors and issuers may have
incurred costs to adjust their processes
in anticipation of the lapse of the Rule
312 accommodation and potential
reversion to a requirement to file static
pool information on EDGAR. In this
case, benefits to investors or issuers of
not having to change their procedures
regarding static pool reporting in a short
time frame would be diminished by any
costs already incurred in anticipation of
the change. We believe such
anticipatory action and any associated
costs are minimal.
36 See
2004 Adopting Release, Section V.D.
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13:17 Dec 18, 2009
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IV. Consideration of Impact on the
Economy, Burden on Competition, and
Promotion of Efficiency, Competition,
and Capital Formation
Section 2(b) of the Securities Act
requires us, when engaging in
rulemaking where we are required to
consider or determine whether an action
is necessary or appropriate in the public
interest, to also consider whether the
action will promote efficiency,
competition, and capital formation.
As discussed in greater detail above,
Rule 312 of Regulation S–T was adopted
as a temporary filing accommodation so
that issuers of ABS could present static
pool information on an Internet Web
site. The amendment to Rule 312 of
Regulation S–T that we are adopting
today extends its application for one
year. We are not changing the
conditions of Rule 312 or the disclosure
obligations to which it applies. We do
not believe that the one-year extension
will impose a burden on competition.
We also believe the extension of the
filing accommodation will continue to
promote efficiency and capital
formation by permitting ABS issuers to
disclose static pool information in a
format that is more useful to investors
and cost-effective and not unduly
burdensome for ABS issuers.
We requested comment on whether
the proposed amendment, if adopted,
would promote efficiency, competition,
and capital formation. We did not
receive any comments directly
responding to this request.
V. Regulatory Flexibility Analysis
Certification
In Part VI of the Proposing Release,
the Commission certified pursuant to
Section 605(b) of the Regulatory
Flexibility Act 37 that the proposed
amendment to Rule 312 of Regulation
S–T would not have a significant
economic impact on a substantial
number of small entities. While the
Commission encouraged written
comments regarding this certification,
no commenters responded to this
request or indicated that the amendment
as adopted would have a significant
economic impact on a substantial
number of small entities.
VI. Statutory Authority and Text of the
Final Amendment
The amendment described is being
adopted under the authority set forth in
Sections 6, 7, 10, 19 and 28 of the
Securities Act of 1933 (15 U.S.C. 77f,
77g, 77j, 77s, and 77z–3).
37 5
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U.S.C. 605(b).
Frm 00011
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67815
List of Subjects
17 CFR Part 232
Reporting and recordkeeping
requirements, Securities.
Text of the Amendment
For the reasons set out in the
preamble, the Commission hereby
amends title 17, chapter II, of the Code
of Federal Regulations as follows:
■
PART 232—REGULATION S–T—
GENERAL RULES AND REGULATIONS
FOR ELECTRONIC FILINGS
1. The authority citation for part 232
continues to read, in part, as follows:
■
Authority: 15 U.S.C. 77f, 77g, 77h, 77j,
77s(a), 77z–3, 77sss(a), 78c(b), 78l, 78m, 78n,
78o(d), 78w(a), 78ll, 80a–6(c), 80a–8, 80a–29,
80a–30, 80a–37, and 7201 et seq.; and 18
U.S.C. 1350.
*
*
*
§ 232.312
*
*
[Amended]
2. Amend § 232.312 by removing
‘‘December 31, 2009’’ and in its place
adding ‘‘December 31, 2010’’ in the first
sentence of paragraph (a).
■
By the Commission.
Dated: December 15, 2009.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–30185 Filed 12–18–09; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Food and Drug Administration
21 CFR Part 522
[Docket No. FDA–2009–N–0665]
Implantation or Injectable Dosage
Form New Animal Drugs; Polysulfated
Glycosaminoglycan
AGENCY:
Food and Drug Administration,
HHS.
ACTION:
Final rule.
SUMMARY: The Food and Drug
Administration (FDA) is amending the
animal drug regulations to reflect
approval of a supplemental new animal
drug application (NADA) filed by
Luitpold Pharmaceuticals, Inc. The
supplemental NADA provides for
additional vial sizes for an injectable
solution of polysulfated
glycosaminoglycan.
DATES: This rule is effective December
21, 2009.
FOR FURTHER INFORMATION CONTACT:
Melanie R. Berson, Center for Veterinary
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Federal Register / Vol. 74, No. 243 / Monday, December 21, 2009 / Rules and Regulations
Medicine (HFV–110), Food and Drug
Administration, 7500 Standish Pl.,
Rockville, MD 20855, 240–276–8337, email: melanie.berson@fda.hhs.gov.
SUPPLEMENTARY INFORMATION: Luitpold
Pharmaceuticals, Inc., Animal Health
Division, Shirley, NY 11967, filed a
supplement to NADA 140–901 for
ADEQUAN (polysulfated
glycosaminoglycan), an injectable
solution approved for use in horses and
dogs by veterinary prescription for
noninfectious degenerative and/or
traumatic joint disease. The
supplemental NADA provides for
additional vial sizes. The application is
approved as of November 10, 2009, and
the regulations are amended in 21 CFR
522.1850 to reflect the approval.
Approval of this supplemental NADA
did not require review of additional
safety or effectiveness data or
information. Therefore, a freedom of
information summary is not required.
The agency has determined under
§ 25.33 that this action is of a type that
does not individually or cumulatively
have a significant effect on the human
environment. Therefore, neither an
environmental assessment nor an
environmental impact statement is
required.
This rule does not meet the definition
of ‘‘rule’’ in 5 U.S.C. 804(3)(A) because
it is a rule of ‘‘particular applicability.’’
Therefore, it is not subject to the
congressional review requirements in 5
U.S.C. 801–808.
List of Subjects in 21 CFR Part 522
Animal drugs.
■ Therefore, under the Federal Food,
Drug, and Cosmetic Act and under
authority delegated to the Commissioner
of Food and Drugs and redelegated to
the Center for Veterinary Medicine, 21
CFR part 522 is amended as follows:
PART 522—IMPLANTATION OR
INJECTABLE DOSAGE FORM NEW
ANIMAL DRUGS
1. The authority citation for 21 CFR
part 522 continues to read as follows:
■
Authority: 21 U.S.C. 360b.
2. In § 522.1850, revise paragraph (a)
to read as follows:
■
erowe on DSK5CLS3C1PROD with RULES
§ 522.1850 Polysulfated
glycosaminoglycan.
(a) Specifications. (1) Each 1-milliliter
(mL) ampule of solution contains 250
milligrams (mg) polysulfated
glycosaminoglycan.
(2) Each mL of solution packaged in
5-mL ampules or 20-, 30-, or 50-mL vials
contains 100 mg polysulfated
glycosaminoglycan.
*
*
*
*
*
VerDate Nov<24>2008
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Jkt 220001
Dated: December 15, 2009.
Bernadette Dunham,
Director, Center for Veterinary Medicine.
[FR Doc. E9–30222 Filed 12–18–09; 8:45 am]
BILLING CODE 4160–01–S
POSTAL REGULATORY COMMISSION
39 CFR Part 3020
[Docket Nos. MC2010–9 and CP2010–9;
Order No. 344]
New Postal Product
Postal Regulatory Commission.
Final rule.
AGENCY:
ACTION:
SUMMARY: The Commission is adding
Priority Mail Contract 23 to the
Competitive Product List. This action is
consistent with changes in a recent law
governing postal operations.
Republication of the lists of market
dominant and competitive products is
also consistent with new requirements
in the law.
DATES: Effective December 21, 2009 and
is applicable beginning October 28,
2009.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel,
202–789–6820 or
stephen.sharfman@prc.gov.
SUPPLEMENTARY INFORMATION: Regulatory
History, 74 FR 59015 (November 16,
2009).
I. Introduction
II. Background
III. Comments
IV. Commission Analysis
V. Ordering Paragraphs
I. Introduction
The Postal Service seeks to add a new
product identified as Priority Mail
Contract 23 to the Competitive Product
List. For the reasons discussed below,
the Commission approves the Request.
II. Background
Pursuant to 39 U.S.C. 3642 and 39
CFR 3020.30 et seq., the Postal Service
filed a formal request and associated
supporting information to add Priority
Mail Contract 23 to the Competitive
Product List.1 The Postal Service asserts
that Priority Mail Contract 23 is a
competitive product ‘‘not of general
applicability’’ within the meaning of 39
U.S.C. 3632(b)(3). The Postal Service
states that prices and classification
underlying this contract are supported
1 Request of the United States Postal Service to
Add Priority Mail Contract 23 to Competitive
Product List and Notice of Filing (Under Seal) of
Contract and Supporting Data, November 5, 2009
(Request).
PO 00000
Frm 00012
Fmt 4700
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by Governors’ Decision No. 09–06 in
Docket No. MC2009–25. Id. at 1. The
Request has been assigned Docket No.
MC2010–9.
The Postal Service
contemporaneously filed a contract
related to the proposed new product
pursuant to 39 U.S.C. 3632(b)(3) and 39
CFR 3015.5. The contract has been
assigned Docket No. CP2010–9.
In support of its Request, the Postal
Service filed the following materials: (1)
A redacted version of the Governors’
Decision, originally filed in Docket No.
MC2010–25, authorizing certain Priority
Mail contracts; 2 (2) a redacted version
of the contract; 3 (3) a requested change
in the Competitive Product List; 4 (4) a
Statement of Supporting Justification as
required by 39 CFR 3020.32; 5 (5) a
certification of compliance with 39
U.S.C. 3633(a); 6 and (6) an application
for non-public treatment of the materials
filed under seal.7
In the Statement of Supporting
Justification, Mary Prince Anderson,
Manager, Sales and Communications,
Expedited Shipping, asserts that the
service to be provided under the
contract will cover its attributable costs,
make a positive contribution to
institutional costs, and increase
contribution toward the requisite 5.5
percent of the Postal Service’s total
institutional costs. Id., Attachment D.
Thus, Ms. Anderson contends there will
be no issue of subsidization of
competitive products by market
dominant products as a result of this
contract. Id.
A redacted version of the specific
Priority Mail Contract 23 is included
with the Request. The contract will
become effective on the day that the
Commission provides all necessary
regulatory approvals. It is terminable
upon 30 days’ notice by either party, but
could continue for up to one year. The
Postal Service represents that the
contract is consistent with 39 U.S.C.
3633(a). See id., Attachment D. The
Postal Service will provide Priority Mail
packaging for items mailed by the
shipper.
The Postal Service filed much of the
supporting materials, including the
specific Priority Mail Contract 23, under
seal. In its Request, the Postal Service
maintains that the contract and related
financial information, including the
customer’s name and the accompanying
2 Attachment A to the Request, reflecting
Governors’ Decision No. 09–06, April 27, 2009.
3 Attachment B to the Request.
4 Attachment C to the Request.
5 Attachment D to the Request.
6 Attachment E to the Request.
7 Attachment F to the Request.
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Agencies
[Federal Register Volume 74, Number 243 (Monday, December 21, 2009)]
[Rules and Regulations]
[Pages 67815-67816]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-30222]
=======================================================================
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DEPARTMENT OF HEALTH AND HUMAN SERVICES
Food and Drug Administration
21 CFR Part 522
[Docket No. FDA-2009-N-0665]
Implantation or Injectable Dosage Form New Animal Drugs;
Polysulfated Glycosaminoglycan
AGENCY: Food and Drug Administration, HHS.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Food and Drug Administration (FDA) is amending the animal
drug regulations to reflect approval of a supplemental new animal drug
application (NADA) filed by Luitpold Pharmaceuticals, Inc. The
supplemental NADA provides for additional vial sizes for an injectable
solution of polysulfated glycosaminoglycan.
DATES: This rule is effective December 21, 2009.
FOR FURTHER INFORMATION CONTACT: Melanie R. Berson, Center for
Veterinary
[[Page 67816]]
Medicine (HFV-110), Food and Drug Administration, 7500 Standish Pl.,
Rockville, MD 20855, 240-276-8337, e-mail: melanie.berson@fda.hhs.gov.
SUPPLEMENTARY INFORMATION: Luitpold Pharmaceuticals, Inc., Animal
Health Division, Shirley, NY 11967, filed a supplement to NADA 140-901
for ADEQUAN (polysulfated glycosaminoglycan), an injectable solution
approved for use in horses and dogs by veterinary prescription for
noninfectious degenerative and/or traumatic joint disease. The
supplemental NADA provides for additional vial sizes. The application
is approved as of November 10, 2009, and the regulations are amended in
21 CFR 522.1850 to reflect the approval.
Approval of this supplemental NADA did not require review of
additional safety or effectiveness data or information. Therefore, a
freedom of information summary is not required.
The agency has determined under Sec. 25.33 that this action is of
a type that does not individually or cumulatively have a significant
effect on the human environment. Therefore, neither an environmental
assessment nor an environmental impact statement is required.
This rule does not meet the definition of ``rule'' in 5 U.S.C.
804(3)(A) because it is a rule of ``particular applicability.''
Therefore, it is not subject to the congressional review requirements
in 5 U.S.C. 801-808.
List of Subjects in 21 CFR Part 522
Animal drugs.
0
Therefore, under the Federal Food, Drug, and Cosmetic Act and under
authority delegated to the Commissioner of Food and Drugs and
redelegated to the Center for Veterinary Medicine, 21 CFR part 522 is
amended as follows:
PART 522--IMPLANTATION OR INJECTABLE DOSAGE FORM NEW ANIMAL DRUGS
0
1. The authority citation for 21 CFR part 522 continues to read as
follows:
Authority: 21 U.S.C. 360b.
0
2. In Sec. 522.1850, revise paragraph (a) to read as follows:
Sec. 522.1850 Polysulfated glycosaminoglycan.
(a) Specifications. (1) Each 1-milliliter (mL) ampule of solution
contains 250 milligrams (mg) polysulfated glycosaminoglycan.
(2) Each mL of solution packaged in 5-mL ampules or 20-, 30-, or
50-mL vials contains 100 mg polysulfated glycosaminoglycan.
* * * * *
Dated: December 15, 2009.
Bernadette Dunham,
Director, Center for Veterinary Medicine.
[FR Doc. E9-30222 Filed 12-18-09; 8:45 am]
BILLING CODE 4160-01-S