The reason is thalidomide. The US was one of the few countries that chose not to approve it despite other countries doing so. Saved a lot of US children from birth defects.
The reason is thalidomide. The US was one of the few countries that chose not to approve it despite other countries doing so. Saved a lot of US children from birth defects.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3769667/
As for thalidomide, yep the FDA had an amazing employee who saved a lot of damage being done, and shows exactly why regulators exist, and assess the safety and efficacy before you can sell things!
It seems to me the FDA's process might "protect" a small number of people but that comes at the expense of many thousands of lives.
[1]https://www.drugwatch.com/news/2018/07/25/excluding-women-fr...
Look back at the Vioxx hearings. People crapped all over the FDA because they didn’t catch an increased risk of CV issues until post-approval.
If you’re the FDA, it’s “damned if you do, damned if you don’t”.
The crypto people drive me nuts the same way. One minute they’re extolling the virtue of markets “free” from regulatory interference but the second it turns out the market was a scam they want to know what the government plans to do to get their money back.