4 ms·
This is definitely the case. There's a term called "Regulatory Capture" that describes this phenomena. I think it's less active scheming to stomp down startups
by replicatorblog 11y ago
This is definitely the case. There's a term called "Regulatory Capture" that describes this phenomena. I think it's less active scheming to stomp down startups and more a natural outgrowth of a world where the larger companies find it easier to comply with marginal increases in regulatory scrutiny than to fight the PR/lobbying war to oppose them.
- refurb 11y agoYou think big pharma encourages more regulation by the FDA? Jesus, they have a hard enough time getting approved under current rules. It would be a death sentence for them if they made them more stringent. Every big pharma/biotech I've worked for has always pushed the FDA to make exceptions to the rules. They certainly aren't push for more of them.