Nice post bbhuey. Here's a snippet from an article that relates to the Japan/U.S. relationship with regard to the FDA and cross-country and international approvals being streamlined:
"Harmonization of guidelines: the FDA is actually leading efforts with its European and Japanese counterparts to harmonize regulatory guidelines for:
* New Drugs (International Conference on Harmonization). * Medical Devices (Global Harmonization Task Force). * Veterinary Medications (Veterinary Conference on Harmonization).
Mutual Recognition Agreements: this is where the FDA relies on its European counterparts to inspect European manufacturing plants that are exporting products to the U.S. on behalf of the U.S."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.