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The FDA also has massive associated costs and acts as a hurdle to innovation- which is partially by design (lobbyists like regulatory capture).


The Moderna and Biontech RNA vaccines got past the FDA in record time and are a massive innovation. What are you even talking about?

Also: Hepatitis C antivirals. One pill and you are cured, whereas in the past you'd be looking at a liver transplant. If that's not innovation it's impossible to say what that would be.




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