5 ms·
The FDA could not impose a ceiling on the price being charged. The FDA literally has no authority to set the price of anything. This comes up so often it's act
by light_hue_1 3y ago
The FDA could not impose a ceiling on the price being charged.
The FDA literally has no authority to set the price of anything. This comes up so often it's actually an FAQ on the FDA website. https://www.fda.gov/about-fda/center-drug-evaluation-and-research-cder/frequently-asked-questions-about-cder#:~:text=However%2C%20the%20FDA%20has%20no,of%20competition%20in%20the%20marketplace https://www.fda.gov/about-fda/center-drug-evaluation-and-res....
> We understand that high drug prices have a direct impact on patients—too many American patients are priced out of the medicines they need. However, the FDA has no legal authority to investigate or control the prices set by manufacturers, distributors and retailers.