4 ms·
The government doesn't run the clinical trials. The FDA only makes a few million per approval request which is supposedly used to expedite the approval process:
by Thriptic 10y ago
The government doesn't run the clinical trials. The FDA only makes a few million per approval request which is supposedly used to expedite the approval process:
http://blogs.plos.org/workinprogress/2012/01/25/how-much-money-do-drug-companies-pay-the-fda/ http://blogs.plos.org/workinprogress/2012/01/25/how-much-mon...
- ekianjo 10y agoYes but the FDA makes all the rules necessary to put barriers for new entrants, rendering the existing pharma companies as state sponsored monopolies in practice.
- aianus 10y agoYou're taking 'getting paid' too literally. All those FDA administrators and employees need to justify their fat budget by keeping themselves busier and busier. They're being paid by the taxpayer not the pharmaceutical industry.