11-06-2022, 05:41 PM
(11-06-2022, 05:24 PM)Duchess Wrote: Isn't that common practice when companies apply for approval of a drug or medical device?
According to what I've read the FDA was taxpayer funded until the aids epidemic. I'm okay with manufacturers having to pay a fee in order to submit their inventions and/or new drugs. Just because they pay it doesn't mean they will be approved.
If funding isn't independent, the regulatory process isn't going to be independent. Once an industry makes contributions to a regulatory agency it will argue that it has a pecuniary interest to ensure that regulation is "fair". Do you really think that what's fair in the eyes of a private interest is going to be the same as what's fair from a public interest perspective?
Fauci and other scientists on the HHS dole receive royalties from pharma. Why??? Why would a corporation feel obliged to remunerate a government bureaucrat?