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Category: Policy & Legislation

The FDA Hinders the Progress of Regenerative Medicine

Posted on August 20, 2023 by Devon Herrick

The U.S. Food and Drug Administration (FDA) sometimes gets lost in a bureaucratic maze of confusion and red tape that deprives patients of beneficial therapies. Innovative products sometimes fall within a gray area and become overly regulated. One of the FDA’s latest targets is regenerative medicine.

An article titled, An MBA in Regulatory Confusion, talks about Florida-based Regenative Labs. The firm manufactures products made from umbilical cords (donated by mothers after a C-section, according to the company website). English physician and anatomist Thomas Wharton first described his namesake umbilical cord jelly in 1656, although he had no way of knowing it is rich in stem cells and regenerative healing properties.

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Everyone Is Forgetting About GROWTH

Posted on August 15, 2023August 17, 2023 by John C. Goodman

Everyone outside the White House is worried about the national debt, which is expected to accelerate from 100% of GDP today to nearly 200% over the next 30 years. But the standard forecast from the Congressional Budget Office is predicated on the assumption of 1.7% annual economic growth. But that’s way below the 3.2% average real growth rate of the U.S. economy from 1950-2005. 

To borrow a phrase from JFK, when he was running for president in 1960: “We can do bettah.”

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AOC: Americans Deserve Better Sunscreens

Posted on August 14, 2023 by Devon Herrick

Representative Alexandria Ocasio-Cortez (AOC as she’s often called) and I agree on one thing. I know it’s hard to imagine but it’s true. We both think the United States deserves better sunscreens and the FDA needs to get off its collective derrière and approve them.

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Should Medicare Pay for Cancer Screening in Healthy People? No but Seniors May Want to

Posted on August 11, 2023August 11, 2023 by Devon Herrick

A while back I wrote about Galleri, the holy grail of cancer screening tests, saying:

Cancer is usually treatable if caught early. The cancers that are the deadliest (such as pancreatic cancer) are lethal because they are difficult to catch early. Many deadly cancers have no symptoms until they’ve spread. About 90% of cancer deaths are due to metastatic cancer, that is cancer that has spread beyond the original location. In theory most cancer could be treatable if only it could be caught sooner, before it has a chance to spread.

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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

During this five-year hiatus no one else has come forward to claim the space. So, my colleagues and I have decided to restart the blog in connection with the Goodman Institute. We invite you and others to use this forum to share your views.

John C. Goodman,

Visit www.goodmaninstitute.org

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