Comments on: A World Without the FDA http://www.thefreemanonline.org/columns/a-world-without-the-fda/ Just another WordPress weblog Sat, 21 Nov 2009 04:50:58 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: DD http://www.thefreemanonline.org/columns/a-world-without-the-fda/comment-page-1/#comment-18495 DD Mon, 26 Oct 2009 22:54:35 +0000 http://www.thefreemanonline.org/uncategorized/a-world-without-the-fda/#comment-18495 I find the idea expressed by the author that drugs today may be safer as completely baseless and unfortunate, for he did not have to make this concession in order to prove his other point - that “others would be saved by the wider and earlier availability of life-saving drugs”. The author assumes that “safety” regulation is a tradeoff that can be provided by the government, although at the expense of more readable new drugs. There is no reason to assume that government can provide any meaningful “safety” regulations at all. “Bad regulations drive out good regulations” comes to mind. The author neglects the fact that the sense of false security that the government creates reduces the comparative advantage a drug company would have in offering a “safer” drug to the public. The FDA operates on arbitrary standards and minimum requirements which pharmaceutical companies gain no competitive advantage if they are exceeded. I find the idea expressed by the author that drugs today may be safer as completely baseless and unfortunate, for he did not have to make this concession in order to prove his other point – that “others would be saved by the wider and earlier availability of life-saving drugs”.

The author assumes that “safety” regulation is a tradeoff that can be provided by the government, although at the expense of more readable new drugs. There is no reason to assume that government can provide any meaningful “safety” regulations at all. “Bad regulations drive out good regulations” comes to mind. The author neglects the fact that the sense of false security that the government creates reduces the comparative advantage a drug company would have in offering a “safer” drug to the public. The FDA operates on arbitrary standards and minimum requirements which pharmaceutical companies gain no competitive advantage if they are exceeded.

]]> By: George Schwappach http://www.thefreemanonline.org/columns/a-world-without-the-fda/comment-page-1/#comment-18492 George Schwappach Mon, 26 Oct 2009 19:49:53 +0000 http://www.thefreemanonline.org/uncategorized/a-world-without-the-fda/#comment-18492 Good article. You forgot to mention the pharmacist that was available in the store in Chile. Unlike his American counter-part, this professional PERSCRIBES medicines. After his education was complete, the drug companies took over and taught him about the benefits of the various products, much like they do with doctors here in the states. Chileans aren't drug experts. They trust their local pharmacists. Good article. You forgot to mention the pharmacist that was available in the store in Chile. Unlike his American counter-part, this professional PERSCRIBES medicines. After his education was complete, the drug companies took over and taught him about the benefits of the various products, much like they do with doctors here in the states.
Chileans aren’t drug experts. They trust their local pharmacists.

]]> By: Bharat Patel http://www.thefreemanonline.org/columns/a-world-without-the-fda/comment-page-1/#comment-18488 Bharat Patel Mon, 26 Oct 2009 18:37:11 +0000 http://www.thefreemanonline.org/uncategorized/a-world-without-the-fda/#comment-18488 I think this is very revolutionary idea and thinking. Question is do we need regulation?? In today's America regulation and more regulation and more regulation is mantra of day. What we in America do is testing impurity at any cost ($ 2.4 trillion pop). Once needs to evaluate FDA's functionality and strategic approach. Process of New Drug Application is a previlage of FDA operation. They are not responsible for approval of new drug and people dying without appropriate drugs. What new word in FDA book is safety and safty and safty. Unfortunately, there is such thing as safest in both food and drug. I agree with you on this point. new drugs have been approved based on how best its sponserer present their product in front of FDA reviewer not based on how effective and valuable is drug to common human being. But I donot agree with you drug industry without FDA. We cerainly, need regulatory body to regulate and comply quality of drug manufacturing process and maeketing it for specific purpose. I think this is very revolutionary idea and thinking. Question is do we need regulation?? In today’s America regulation and more regulation and more regulation is mantra of day. What we in America do is testing impurity at any cost ($ 2.4 trillion pop). Once needs to evaluate FDA’s functionality and strategic approach. Process of New Drug Application is a previlage of FDA operation. They are not responsible for approval of new drug and people dying without appropriate drugs. What new word in FDA book is safety and safty and safty. Unfortunately, there is such thing as safest in both food and drug.

I agree with you on this point. new drugs have been approved based on how best its sponserer present their product in front of FDA reviewer not based on how effective and valuable is drug to common human being.

But I donot agree with you drug industry without FDA. We cerainly, need regulatory body to regulate and comply quality of drug manufacturing process and maeketing it for specific purpose.

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