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Reading material on the FDA in general: "There is no open marketplace for medical technology in the developed world, however. Instead, we see a very different

Reading material on the FDA in general: "There is no open marketplace for medical technology in the developed world, however. Instead, we see a very different set of incentives dominating the state of research and development. Regulatory bodies like the FDA have every incentive to stop the release of new medicine: the government employees involved suffer far more from bad press for an approved medical technology than they do from the largely unexamined consequences of heavy regulation. These consequences go far beyond the obvious and announced disapproval of specific medical technologies: the far greater cost lies in all the research, innovation and development that was never undertaken because regulatory burdens ensure there would be no profit for the developer. Personal gain for the regulator is thus to destroy the gains of people they will never meet, the exact opposite of what occurs in an open marketplace." http://www.fdareview.org http://www.fdareview.org http://www.fightaging.org/archives/2011/11/an-unusually-clear-example-of-the-cost-of-the-fda.php http://www.fightaging.org/archives/2011/11/an-unusually-clea... http://www.fightaging.org/archives/2011/12/when-you-make-medical-progress-illegal-what-results-is-a-black-market-in-medical-progress.php http://www.fightaging.org/archives/2011/12/when-you-make-med... http://www.fightaging.org/archives/2010/03/the-roadblock-that-is-the-fda.php http://www.fightaging.org/archives/2010/03/the-roadblock-tha... http://www.fightaging.org/archives/2008/05/envisaging-a-world-without-the-fda.php http://www.fightaging.org/archives/2008/05/envisaging-a-worl... https://www.opencures.org/content/open-cures-speed-clinical-development-longevity-science https://www.opencures.org/content/open-cures-speed-clinical-...

roc 15y ago
It seems fairly disingenuous to point out the misaligned incentives of regulators without mentioning the misaligned incentives of industry. The FDA was created in response to the state of industry absent regulation. It is not an ideal construct, but arguments against its very existence don't pass the smell test. Also not passing the smell test? The idea that a regulator trying to protect his government paycheck and reputation has more power than billion dollar industries. Not in the United States. Not when our regulatory agency's recent histories read the way they do. It's laughable to cast the FDA as an impassable obstacle.

roc 15y ago

It seems fairly disingenuous to point out the misaligned incentives of regulators without mentioning the misaligned incentives of industry. The FDA was created in response to the state of industry absent regulation. It is not an ideal construct, but arguments against its very existence don't pass the smell test. Also not passing the smell test? The idea that a regulator trying to protect his government paycheck and reputation has more power than billion dollar industries. Not in the United States. Not when our regulatory agency's recent histories read the way they do. It's laughable to cast the FDA as an impassable obstacle.