3 ms·
> There is a real cost to not approving good drugs in order to avoid approving bad ones. Do you have any evidence for this? Seems to me like a classic shibbol
by rjkennedy98 7y ago
> There is a real cost to not approving good drugs in order to avoid approving bad ones.
Do you have any evidence for this? Seems to me like a classic shibboleth of the pharma guild.
- mhb 7y agoNot sure what sort of evidence you're looking for. There are certainly approved life-saving and other valuable drugs. If they had been approved sooner they would have had a greater benefit. There is an institutional bias towards avoiding costs due to approving a bad drug versus delaying approval and incurring unseen costs.
- TearsInTheRain 7y agoThis seems like a difficult thing to test maybe even unethical. In order to detect the rate of false negatives you would have to re-test drugs that were shut down for being too risky.