The Bundesinstitut Fa R Arzneimittel Und Medizinproduktebfarmis Germany S Main Regulatory Authority For Pharmaceuticals And Medical Devicesoperating Under The Federal Ministry Of Healthestablished In 1975 And Headquartered In Bonnbfarm Employs Around 1 350 Staff And Has An Annual Budget Of A 121 7 Million As Of 2021 Bfarm Is Responsible For Ensuring The Safetyefficacyand Quality Of Therapeutic Products In Germanyits Core Services Include Drug Approvalmedical Device Regulationpharmacovigilanceand Maintaining Medical Classificationsthe Institute Collaborates With The European Medicines Agency And Other National Bodies To Oversee Pharmaceuticalsincluding Prescription Drugs And Medical Devicesensuring Compliance With Eu Standardsbfarm Also Manages The Electronic Sperm Donor Register To Support Traceability In Reproductive Medicineled By President Karl Broichbfarm Plays A Crucial Role In Protecting Public Health And Supporting Innovation In Medical Therapies
