Wednesday, December 12, 1984AThe Battalion/Page 5
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Texas gets
first Hughes
payment
Warped
United Press International
AUSTIN — The state of Texas
Way received a first installment
if«5.8 million in inheritance taxes
from the estate of the late billioniare
recluse Howard Hughes.
Another $25 million payment will
W| kraade in 1985 as part of the Aug.
"9 settlement of an 8-year-old legal
aide between Texas and California
iwthe Hughes estate, which had
Wivalued for tax purposes as high
*$500 million. ,
hj, ,P e . s f ate obtained the more than
JBl I™ million settlement in an out-of-
wtagreement reach with the state
California, which received $44
in cash and another $50-plus
in real estate.
The second and final payment to
l«as will be held in escrow' for one
carat United Bank in Austin,
elate Comptroller Bob Bullock,
mose olfice spent years auditing
M cataloging assets of the vast
laghest estate, said Hughes would
wanIe( ^ Texas to snare in his
» I Howard Hughes was on his way
r ome to lexas when he died,” he
L lld T f he were alive today, I feel
k he would approve of us getting
as money, especially if he knew
owmuch we need it tnis year.”
he state is facing a probable rev-
n™ 1 of nearly $1 billion for
H986-87 budget period.
Hughes, who was born in Hous-
but lived most of his life in Cali-
Wia, died en route to a hospital in
Nirplane over Texas on April 5,
97b, touching off a legal fight be-
teen the two states.
Tach state claimed taxes on the
of the late industrialist's domi-
SHOE
by Jeff MacNeily
6,H
96-6511 It,
FDA changes drug laws
to quicken review time
(:
^ agreed to settle the case
liber than continue the protracted
roceedings.
When it sought to apply its 16 per-
estate tax in 1977, Texas had
to receive as much as $100
'.including penalties.
Attorney General Jim Mattox,
nose office negotiated the set-
pbent, said the payment “is our
oncrete evidence that all the toil as
#nh the effort.
Our school children need this
py. particularly in these trying
pjaj times, and we’re pleased
it this sort of a Christmas gift
Pthe Howard Hughes estate.”
United Press International
WASHINGTON — The govern
ment Tuesday announced the “most
extensive change” in federal drug
laws in 22 years to accelerate the re
view of new drugs to get them to pa
tients faster.
Health and Human Services Sec
retary Margaret Heckler said the
new measures will reduce the aver
age wait to get a new drug on the
market — about two years — by up
to 20 percent.
The new rules will allow drugs to
be approved based on foreign clini
cal studies — provided they can be
substantiated — slash paperwork by
up to 70 percent and allow simulta
neous reviews by various offices of
the Food and Drug Administration,
she said.
Heckler said the regulations will
also strengthen adverse reaction re
porting requirements by manufac
turers and distributors so the FDA
can better remove ones that later
prove hazardous.
“These regulatory improvements
will help get useful drugs to patients
faster, while ensuring that safety in
formation gets to (the) FDA in a
timely and useable form,” said
Heckler, whose agency oversees the
FDA.
The regulations will be published
in the Federal Register this week.
Most provisions become effective in
three months, with a transition pe
riod of up to one year for certain re
quirements.
The regulations are partly a re
sponse to studies that nave found
some useful drugs have been avail
able for years in foreign countries
while the FDA waded through
lengthy application procedures.
They also come in the wake of
criticism from Congress that the
FDA inadequately monitors the mar
ket for adverse reactions.
Heckler said the new procedures
are “the most extensive change in
(the) FDA’s drug regulations since
the 1962 drug amendments” that re
quired drugs to be examined by ef
fectiveness.
The revisions provide that:
• The FDA may approve new
drugs based solely on foreign clinical
studies meeting U.S. testing criteria,
if the studies are validated, con
ducted by competent investigators
and applicable to the U.S. popula
tion.
• Surveillance of marketed drugs
will be strengthened. Reports show
ing a significant increase in reactions
to a drug will be required immedi
ately. Reports of serious, unex
pected reactions will continue to be
required as soon as details are
known, in all cases within 15 work
ing days.
• Applicants will be required to
prepare more focused and better or
ganized analyses of data.
• The length of drug applications
will be reduced through use of ta
bles, although raw data submissions
will continue to be required on issues
central to safety review.
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