Anavex Life Sciences Corp (AVXL)

[sokol]

If I am not mistaken, I think federal laws and regulations prohibit a company from selling a drug that the FDA has not approved. They have to provide it for free. Many small companies cannot afford to provide experimental drugs to the general public for free. This is why the federal laws and the FDA need to be dealt with. However, there will be serious lobbying by the major pharmaceutical companies to block reformation. The structure of the FDA and the federal drug laws serve big pharma well. The federal laws and the FDA serve as a barrier to entry of innovative drugs by small companies. BP does not like competition for the blockbuster drugs in their pipelines that are protected by some form of exclusivity -- patents, etc. That is why BP file phony patents, pay generics to stay off the market (Google pay for delay), file phony patents in the FDA Orange Book, etc. to block competition.