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FDA’s Process Dinged For Being ‘Burdensome And Slow,’ But It’s Faster Than Its European Counterpart

Morning Briefing

Dr. Scott Gottlieb, President Donald Trump’s pick to head the Food and Drug Administration, has been focused on what he’ll do to speed up the drug approval process to make it more like Europe. But the FDA is actually faster already. Meanwhile, a Medicare advisory panel backs a plan that could save $5 billion over five years in drug costs. And taxpayers fund pharmaceutical research but then have to pay exorbitant prices on those drugs — but if the U.S. government doesn’t do it, no one will.