The authors argue the FDA should require proof of safety but not efficacy, returning to the pre‑1962 standard. They contend this would cut a decade off timelines, slash costs, spur competition, and expand treatments for rare diseases without compromising safety.
— This challenges the core U.S. drug‑approval doctrine and reframes high drug prices as a regulatory design problem rather than a pricing failure.
David R. Henderson, Charles L. Hooper & Solomon S. Steiner
2025.09.10
100% relevant
The article cites post‑1962 efficacy rules, 12–14‑year timelines, and an estimated $9 billion average per drug as evidence that efficacy trials are the main cost/time driver.
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