InvestorsHub Logo
Followers 75
Posts 9162
Boards Moderated 0
Alias Born 04/25/2002

Re: Obtuse Eye post# 33248

Monday, 10/03/2022 5:45:18 PM

Monday, October 03, 2022 5:45:18 PM

Post# of 36559
Obtuse... I can't disagree with any of your assessment. As you may know, the PDUFA (act) allows the FDA to collect massive $ fees from drug makers as they sell their drugs. So there is a corrupt incentive for the FDA to approve drugs that will provide them with maximum kickback $$ fees. PDUFA was supposed to accelerate the FDA approval process to more quickly put life saving drugs into the hands of the consumer. Instead..... PDUFA has provided a revenue generating vehicle that the FDA has exploited. Big Pharma clearly has the edge for approvals ...thanks to PDFUA. PDUFA should be killed IMO.