Monday, September 26, 2016

If you have a new drug and you want FDA approval. It'll cost you 14 years and a billion dollars for that approval.

Drugs that have been in use for over 10 years in Europe and Canada still can't be sold here until they go through this 14 year process.

If your drug will only help 1,000 to 100,000 people you'll to have to scrap it. Because you'll never recoup the approval cost from such a small group.

Regulations cost lives and money.

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