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Who Benefits When Pharma-Funded FDA Fast-Tracks Drugs and Vaccines? Not Consumers, Critics Warn.

By Children’s Health Defense Team

According to the experts interviewed by Kaiser Health News, the push to get drugs fast-tracked has clear advantages for companies — but iffy benefits for consumers.

Although Americans may not realize it, U.S. Food and Drug Administration (FDA) decisions loom large in their everyday lives — one-fifth of every dollar a U.S. consumer spends goes to a product that the FDA regulates.

However, it is questionable whether consumer safety or the pocketbook concerns of the average patient drive much of the FDA’s decision-making.

As a recent report by Kaiser Health News (KHN) pointed out, nearly half (47%) of the FDA’s 2022 budget came from pharmaceutical industry “user fees” — representing “two-thirds of the drug regulation budget, and the work of at least 40% of the FDA’s 18,000 employees.”

The FDA brags that the user fees, along with additional mechanisms at its disposal, merely help expedite drug development and review.

 

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