Nowadays more than four-in-five drugs granted accelerated approval are oncology drugs (85%). How well is it working? That depends. The program to grant patients early access to promising new drugs does just that: it is used a lot. Since it began in 1992, 290 drugs have been approved through the accelerated program. That works out to more than nine a year, on average, or nearly one a month. By any measure that accelerated access to new drugs.
Category: Drug Prices & Regulations
Tuesday Links
- Tax Day remembrance: The top rate was once 91%. The corporate rate was 52%. The capital gains rate was 25%. The tax on top estates was 77%. But the tax take was only 16% of national income.
- Why is there a shortage of Adderall?
- How the DEA is creating drug shortages.
- Missile defense: Beginning in the Reagan administration and right up through the GW Bush administration, many experts and many more nonexperts claimed it couldn’t work. “You can’t hit a bullet with a bullet,” was a popular catchphrase. But on Sunday, that is exactly what US/Israeli defense forces did – with incredibly accurate precision.
Cochrane on Inflation
For all of the excess stimulus under Trump, the fact is that inflation broke out precisely in February 2021, and not a minute beforehand. If you want an event, the Feb 2021 “American Rescue” act, with a few trillions more stimulus though the pandemic was clearly over, made clear that this administration was not going back to standard fiscal policy. More
Psychiatrist: The FDA Should Approve Sales of OTC Antidepressants
Why should antidepressants be switched from Rx to OTC? Because there is a severe shortage of mental health professionals. Access to mental health specialists and therapists is difficult for many people. Most therapists don’t accept insurance and psychiatrists are booked out far in advance.