Aug. 20 at 4:08 PM
$AGEN Is the FDA BIASED. Based on the following data, I would say YES!!
Nearly 45% of the FDA's total budget is funded by industry "user fees" rather than direct corporate donations or general taxpayer money. Major pharmaceutical companies—such as Pfizer, Novartis, AstraZeneca, Merck & Co., and Eli Lilly—pay these mandated fees.
How the Funding Works
Prescription Drug User Fee Act (PDUFA): Enacted in 1992, PDUFA requires drugmakers to pay fees for submitting new drug applications and maintaining commercial product lines.
Scope of Contributors: Virtually every large, mid-size, and generic pharmaceutical or medical device manufacturer seeking market approval from the FDA contributes through these mandatory fee schedules.
Purpose and Quid Pro Quo: The fees pay for the scientific and regulatory staff needed to review drug applications. In exchange, the FDA commits to meeting specific review-time performance goals.
