5 ms·
FDA is not omniscient. No regulator is. It’s hard to catch someone intelligent and cunning in a lie every time. The industry relies on a combination of individu
by seehafer 8y ago
FDA is not omniscient. No regulator is. It’s hard to catch someone intelligent and cunning in a lie every time. The industry relies on a combination of individual integrity (i.e. not wanting to hurt people, which works fine in 80% of cases) and regulation being a deterrent against fraud (for the minority that would release snake oil to make a quick buck).
I am glad Holmes and Balwani are facing the music. I would have preferred to see more than just Holmes and Balwani face charges though. There’s no way you pass an inspection from CMS and FDA when you have a “pay no attention to the man behind the curtain” part of the building without others being in on it.
- madengr 8y agoIt wasn’t just those two. The book mentions Daniel Young and others.
- mynameishere 8y agoFDA is not omniscient Just FYI, the parent was being sarcastic.
- seehafer 8y agoAh, apologies to @FireBeyond if so. In the wake of Theranos I have heard serious criticism of CMS & FDA to this effect (we need more regulations because clearly they're not getting the job done.)