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Pastimes : CNBC -- critique.

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To: capitalistbeatnik who started this subject11/25/2002 3:21:06 PM
From: scaram(o)uche   of 17683
 
re. the Homeland Security Rider, Diana's report and Allan's commentary........ excellent discussion! Thanks.

For medicines, a society can make (1) regulatory hurdles high, or (2) potential liability, fraud and non-fraud, crippling.

Minus fraud, it's innovation-killing to foster both. A society needs a very high hurdle. But to allow punishment on the other side is insane.

Get real, Maria! You squawk about the high cost of drugs, and talk of "back room deals" and "pay back to drug companies". Has it occurred to you that all liability can't be predicted from preclinical and clinical testing, and that we have effective filters (largely FDA) which should and could balance innovation with the protection of the individual?

If a society has an FDA, and if that society insists on an expensive high hurdle for MEDICINES, then it is **insane** to allow trial lawyers to punish companies for sincere efforts to get over the hurdle.

For the sake of innovation that will benefit all mankind, choose one or the other..... choose either a high hurdle OR a society's right to "loose" the (slime ball) ambulance chasers. The combo will kill innovation in medicine.

Maria.... your shoot from the hip anti-big business attacks have gotten really old. Pick a road..... one can't have inexpensive medicines AND an insane exposure to trial lawyers for attempting to heal. This was tort reform, and it's absolutely MORAL, NECESSARY, and JUSTIFIED.
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