Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Hunton Peck
Couldn't find any info in the article on how the FDA is supposed to do this, but I'm guessing it's not by any common-sense approach like reducing regulations, shortening approval times, or anything else that might actually be effective.

More likely, it's just another way to make noise about a supposed failure of capitalism.


From the EXECUTIVE ORDER REDUCING PRESCRIPTION DRUG SHORTAGES:

"The FDA shall communicate to the Department of Justice (DOJ) any findings that shortages have led market participants to stockpile the affected drugs or sell them at exorbitant prices. The DOJ shall then determine whether these activities are consistent with applicable law. Based on its determination, DOJ, in coordination with other State and Federal regulatory agencies as appropriate, should undertake whatever enforcement actions, if any, it deems appropriate."
91 posted on 11/01/2011 6:38:48 AM PDT by algernonpj (He who pays the piper . . .)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: algernonpj

Thank you. So the bogeyman here is “stockpilers”, much as “speculators” are the all-purpose whipping boy for rationalizing the governmental interventions in other markets that just make matters worse.


99 posted on 11/01/2011 8:50:24 AM PDT by Hunton Peck (See my FR homepage for a list of businesses that support WI Gov. Scott Walker)
[ Post Reply | Private Reply | To 91 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson