Question
The FDA receives approx. 45% of its budget from the pharmaceuticals (Cornell Law School, Legal Information Institute) Officials, including high level government officials receive annual
The FDA receives approx. 45% of its budget from the pharmaceuticals (Cornell Law School, Legal Information Institute) Officials, including high level government officials receive annual payments up to $150K on the products they help develop and promote to get through the approval process. These are known as 'royalty fees.' (FDA Fact Sheet, 11/18/2020).
What are the implications of these statistics?
*consider the consumer/patient and prescribing provider - as 'buyer' and 'seller.'
* the 'emergency authorized' Covid vaccine roll-out late in 2020 (Moderna, Pfizer, and J&J)
This is a discussion question in my class. Could you include credible online resources so I can refer back to them to get information.
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