Between a new law aimed at springboarding treatments and a new administration promising to steamroll regulations, the federal government seems primed to approve more prescription drugs — and to do so faster. But one unintended consequence could be a waste of taxpayer dollars.
Whether the Food and Drug Administration should hasten drug approvals is a matter of vigorous debate from a scientific and safety standpoint. But many critics of that approach also make another argument that has been largely overlooked: More drug approvals could mean more unnecessary public spending.
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False premise. Read the recent WSJ piece showing that NONE of the top 20 selling drugs have been approved in the last decade.
making billions at the expenses of dumb Americans. That’s awesome. America is really great again!