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FDA admits drug, medical device approval process is a bribery system
05-09-2016, 11:58 PM
Post: #1
FDA admits drug, medical device approval process is a bribery system
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(NaturalNews) The US Food and Drug Administration (FDA) is once again having to both defend the legitimacy of its bloated existence, and petition Congress to pass legislation that will allow it to continue collecting “user fees” from Big Pharma in exchange for drug approval.

And during a recent testimony, FDA Commissioner Dr. Margaret Hamburg admitted that this lucrative process caters specifically to those industry players who are willing to pay the agency the most money.

Every five years, Congress must decide whether or not to re-approve the Prescription Drug User Fee Act (PDUFA), which allows the FDA to charge drug companies millions of dollars for agreeing to review new drug applications (NDI). It is essentially a “pay for play” system where the FDA gives preference to those who play, even if the drugs or devices they have to offer are neither safe nor effective.

In 2005, the FDA’s annual budget was just over $1.8 billion, with about $350 million of that constituting user fees. For 2012, the FDA is proposing a budget of over $4.3 billion, with more than $1.6 billion of that to constitute user fees. So while the FDA’s overall budget has more than doubled within the past seven years, its user fees have skyrocketed nearly fivefold.

When trying to defend its budget proposal before Congress — many have accused the FDA of mishandling the drug approval process and using it to reward the highest bidders.

Dr. Hamburg tried to quell the firestorm with anecdotes about how the agency has approved a number of new “life-saving” drugs within the past year, and how it needs more money to make sure it can keep approving them before other countries do (as if approving potentially dangerous, life-threatening drugs is some kind of competition).

FDA approval process more concerned with money than safety and efficacy
http://investmentwatchblog.com/fda-admit...-the-most/

The FDA Is Failing Miserably Due To Corruption

Thinker, proud member of Realist News since Nov 2013.
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05-10-2016, 10:25 AM
Post: #2
2013 - The FDA, Big Pharma & Consumers: Time to Overhaul the Agency?
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"Foxes in Chicken Coop"? Has the FDA become the Big Pharma alumni club... and how is that affecting consumers?

Atty. Christopher Naughton hosts a contentious conversation that covers questionable approval of certain drugs; a revolving door of deputy commissioners; controversies over advisory committees; and allegations of unwarranted pharmaceutical company influence under both the Bush and now Obama administrations.

The American Law Journal presents "The FDA: Big Conflicts Over Big Pharma?" Corporate defense counsel Hope Freiwald of Dechert LLP squares off against plaintiff's counsel Stephen Sheller of Sheller, P.C.. Joining them are award-winning journalist Ed Silverman of Pharmalot and former pharma counsel and now plaintiff's attorney Matt Harman of Harman Law LLC in Atlanta, GA.

Anonymous - #Op_Pharma

#Op_Pharma is focused on exposing and spreading awareness on the lies and corruption of the Medical system, Pharma Corporations and their whores. The numbers of deaths due to medical negligence and greed, are too high to ignore. Many are waking up to the Pharma lies, it is time to take back the control of our own health, to demand justice for the victims of their greed. Our health is more important than their profit!

Thinker, proud member of Realist News since Nov 2013.
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