STAT April 11, 2023
When legislators tour their home states and districts, private sector leaders often tell them: We need a commonsense and predictable business environment.
Business environments are shaped by laws, regulations, and market conditions. In particular, they are shaped by a company’s trust in the rules of the road as determined by policymakers, regulators, and judges. Businesses are more likely to succeed when they are confident in the durability of laws and regulations that allow them to invest and bring products to market.
Unfortunately, the regulatory authority of the Food and Drug Administration is under siege. The federal agency responsible for ensuring the safety and efficacy of the nation’s drugs, medical devices, and food supply is being systematically undermined in its efforts...
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