Tuesday, November 19, 2024

Abolish the Food and Drug Administration (FDA)

Will President Trump reform the arcane, complex and byzantine drug approval process?

This is an excellent opportunity for Trump and a Republican dominate US Congress to go down in history as one of the most remarkable US presidents!

Maybe a fresh start is a good option! Bring the FDA into the 21st century!

"It takes 10–15 years and hundreds of millions of dollars for a pharmaceutical company to navigate the Food and Drug Administration (FDA) regulatory process and bring a new drug to market. Many seriously ill people die waiting for the FDA to approve drugs that regulators in other advanced countries have already approved, a phenomenon called “drug lag.” It is impossible to imagine how many drug remedies remain undiscovered and how many people needlessly suffer because pharmaceutical companies must divert excessive research and development dollars to the drug approval process, a phenomenon called “drug loss.”

Congress passed the Food, Drug, and Cosmetic Act (FDCA) in 1938 to ensure drug safety. ..."

Abolish the FDA | Cato Institute "Many seriously ill people die waiting for the FDA to approve drugs that regulators in other advanced countries have already approved."

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