The fox guarding the hen house in real life. How many more examples of failure with programs such as this do we need?
The Food and Drug Administration is moving with unprecedented speed to launch a drug research center to be paid for by companies it regulates.
The goal of the Reagan-Udall Foundation, approved by Congress and signed into law late last month, is to streamline and improve the development of drugs and medical devices, a goal long sought by regulators and the biggest players in the industry, such as Merck & Co., Pfizer Inc., Wyeth, GlaxoSmithKline PLC, and Johnson & Johnson.
Considering the excessive number of pharmaceutical recalls (even cough medicine for kids!) how is this cozy relationship going to deliver results that are good for consumers?