To: gov_bean_ counter
My guess is that some FDA employees sell their "services" to corporations to give impending knowledge about approvals. Considering how slow the agency is in approving pharmaceuticals, I would not be surprised if an internal desicion to make or break a drug is not made weeks before the desicion is released to the public. Obviously, this allows the insiders to sell a portion of their holdings in order to cover their losses.
25 posted on
01/27/2003 10:37:45 AM PST by
jjm2111
To: jjm2111
Remember the issue if Hillary selling short on pharmaceuticals. How did she know what to sell? I ofter wondered if there was more to it than simply "talking down the industry".
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