Is U.S. Food and Drug Administration (FDA) approval the gold standard for whether a drug truly does what it’s supposed to? Not according to a recent analysis. A review by Harvard and Yale researchers found that one-in-ten drugs approved by the FDA between 2018-2021 failed one or more of the stated endpoints.
Category: Drug Prices & Regulations
Wednesday Links
- Study: the closing of the donut hole increased the use of prescription drugs by Medicare enrollees. It also looks like there was more substitution of branded drugs for generics.
- Study: Our findings suggest that shifting child care from the home to the market increases labor force participation and improves child outcomes.
- Study: “we find that bans or restrictions that specifically target ‘assault weapons’ increase demand for handguns, which are associated with the vast majority of firearm-related violence.
- The Peltzman effect: When you make an activity safer, there tends to be an offsetting (more risky) behavioral response.
Tuesday Links
- Valentine fact of the day: one in four female physicians is married to another physician. It’s called “assortive mating,” and Charles Murray noted some time ago that it is one reason why we are “Coming Apart.” Call it “Cupid’s invisible hand.”
- New York state drops masking rules for hospitals and nursing homes. But facilities can impose their own rules.
- Infant mortality is twice as high among black mothers as among whites and this is true for rich women as well as the poor.
- Climate change subsidies: it helps if you’re rich.
- If the “abortion pill” is banned, there is an off-label use of another drug that will achieve the same result.
- Art Laffer has a new book.
Saturday Links
- Study finds health benefits (less asthma) from EV cars. Of course, that overlooks the death and maiming of children in cobalt mines in the Congo.
- Should prisoners be able to donate their organs in return for lighter sentences?
- Cystic Fibrosis drug costs $311,00 a year. But it’s “stunningly effective.”
- How deadly were Covid Lockdowns? “For Americans under 45, there were more excess deaths without the virus in 2020-2021 than with it.”
- Why isn’t it easy for nurses to practice across state lines? As a college professor, I never had any difficulty moving from state to state.