Anavex Life Sciences Corp (AVXL)

[sokol]

I think the big barrier to entry or drug approval in the United States is the FDA. The FDA needs reform and restructuring to speed up the approval process for drugs that are (1) safe, (2) potentially beneficial for dreaded diseases, and/or (3) potentially beneficial for diseases or conditions that presently have no effective treatment.

And, why should there be no credit or recognition what so ever for drugs that are approved for use in humans in other countries that are not approved in the United States. The FDA has in the past refused, without requiring costly prohibitive U.S. clinical trials, to even approve European sunscreens in the United States although these sunscreens have been used for years in Europe and in some cases proven to be more effective in blocking harmful UVA rays than sunscreens approved in the United Stares. I bought a sunscreen to use while in Europe, but I am not allowed, thanks to the FDA, to buy and use the same sunscreen in the U.S.

I suppose being a human in Europe is not the same as being a human in the United Stares.