Anavex Life Sciences Corp (AVXL)

[Gator328]

I wish I shared your idealism for the morality and ethical values government is supposed to uphold.

I suppose in a virtuous world such as that, Biogen wouldn't have ever had its drug approved.

I agree that there will not be any more back room deals, no more secret handshake agreements. Biogen will defend its newly held position the old fashioned way -- in public, with lobbyists, many of whom have so much power they literally write the bills that become laws.

I've worked in and with government agencies too. I agree with much of what you're saying. But I disagree wholeheartedly that money doesn't influence political decisions.

Do you know where the FDA gets a large percentage of its budget? It's from the fees they charge for companies to submit their drug applications. Biogen pays the FDA a lot of money every year as do other whale pharmaceuticals. The FDA has to restore its reputation but to be honest I don't think it's in quite the hurry you believe it is. It's reputation is already plenty tarnished with 1/3 of the country hating the FDA because they believed it rushed through a COVID vaccine that is secretly the mark of the beast...