Unfortunately, finding this initial stuff out takes time.
Unfortunately, finding this initial stuff out takes time.
One nit though: A ton of research is funded by the government, including drug research. We just don't have a federal program that requires commercialization of research to pay a royalty back into the program. If we did it would be a nice virtuous cycle, assuming some research continued to lead to viable products over time. Some universities have such programs in place for obvious reasons.
Why does it have to be cheap for the consumer? They can charge $5k for this (honestly a bargain) even if the gel and syringe cost $5 to make. Isn't that what patents are for?
It shames me to think that we have a for-profit healthcare system.
It'd still take some years to get some things to market, however, because some things need studied for a longer time.
In the US, we suffer from an insane degree of regulatory medical conservatism. No one else in the world takes as long to approve life-saving medications as the FDA, and this is not rational; it's a reflexive political reaction to the Thalidomide disaster that isn't grounded in sound reason or statistics.
Here is an extensively cited analysis demonstrating that the FDA's extreme standards kill vastly more people than they save.
http://www.fdareview.org/05_harm.php
This isn't an inevitable problem; medical regulatory bodies like the EMA are much closer to the optimal level of caution.
It has _also_ published such gems as "The Scientific Case against the Global Climate Treaty" and “New Perspectives in Climate Change: What the EPA Isn't Telling Us”.
In light of that, I'll take their advocacy with a grain of salt.
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On topic, while I can't comment on the EMA specifically, during my (extremely) brief period working alongside a medical device manufacturer, fear of FDA was oftentimes the primary motivating factor in keeping them honest.
While that's entirely anecdotal, when there are _significant_ financial incentives on the table people's morals tend to get more than a little flexible. Pharmaceuticals represent an area with _significant_ financial incentives, and, while I do agree that the FDA takes more time than is strictly necessary, it's a little fallacious to say they "kill vastly more people than they save" through regulation.