Columnist Wants FDA Drug Innovation Support
An online RealClear Health column by research assistant Jordan Reimschisel calls on FDA to increase support for drug innovation as its primary goal. The column says the goal that policy makers like Congress should pursue is to “create an environment in which innovation and entrepreneurship can thrive with as few barriers as possible…. The default attitude toward innovation should be to allow it to proceed unencumbered by prohibitive regulation unless it poses an imminent, catastrophic, and irreversible harm to society.”
The author says that proposals that lessen the number of steps needed to bring new drugs to market will lower the cost and allow more firms to participate in the process. On the other hand, he says, proposals that erect more barriers and regulatory checkpoints generally increase costs, stall innovation, and reduce patient access.
“Ultimately,” Reimschisel writes, “Congress is not considering policies that go far enough toward encouraging innovation in medicine. FDA has more foundational problems that need to be addressed. The agency has become too risk averse and prone to extremely restrictive rules. Changing the focus of FDA from drug and device approval to risk education will arm patients with information and allow them to make their own judgments about risk/reward trade-offs.”