Should FDA yield to EU-approved products? One group thinks so…

The Pacific Research Institute has issued a report arguing that American patients would benefit from an FDA that does not have a monopoly on regulation for health care treatments.

Instead, the think tank argues that “allowing American patients to access EU-approved medicines would enable more patient choice and potentially save the lives of those suffering illnesses with no available treatment options.”

The report uses data regarding FDA & EMA approval rates & evaluation periods to make its case.  “Clearly,” the think tank argues, “Congress’s grant of a regulatory monopoly to the FDA is creating a significant obstacle to Americans’ timely access to new medicines.”

Good idea or obvious compromise to safety?

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