Abstract
The U.S. Food & Drug Administration wants to drive drug costs down—both the prices paid by patients and the increasingly expensive investments required during the early stages of drug development. That’s the message FDA Commissioner Scott Gottlieb delivered at the Regulatory Affairs Professionals Society conference in Washington, D.C., on Sept. 11, calling the status quo “an unsustainable path.” Gottlieb, a former fellow at the American Enterprise Institute, a conservative think tank, promised to encourage competition but also to target companies that “game our rules to extend their drug monopolies.” Gottlieb declared that FDA has broad goals for modernizing data collection and evaluation of drug trials, which he surmised should help the industry save on drug development. But he also stated that such savings ought to be passed on to consumers. New data collection techniques are increasingly being used in so-called seamless clinical trials, in which the three traditional trial phases
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.