The AGES Medicines and Medical Devices Agency is responsible for the licensing, and supervision and monitoring of pharmaceuticals and medicinal products. The agency, which was formerly part of the Federal Ministry of Health and Women’s Affairs, was integrated into AGES under the name PharmMed on 01.01.2006. The division was renamed AGES Medicines and Medical Devices Agency once its efficiency-oriented business concept came into effect in 2012. While AGES is mainly financed through federal funding, the budget for the Austrian Medicine and Medical Devices Agency comes mostly from fees paid by companies for license applications and/or applications for license changes and alterations.
A new tariff system came into effect three weeks after the former AGES PharmMed began its work. The Federal Office for Safety in Health Care (BASG) was founded together with the current Agency for Medicine and Medical Devices. While the Austrian Medicine and Medical Devices Agency and its three institutes cover the operational agendas for all its fields of responsibility, the BASG carries out all official tasks in the field of the testing and licensing of medicines and medical products and is an authority subordinate to the Austrian Federal Ministry of Health. AGES’s medicines and medical devices segment is closely linked to the BASG in organisational matters. It provides the federal agency with services, staff and facilities.