'Agency Capture on Steroids': There's an Incentive Not to Find Problems With Pharmaceuticals
1 year ago
72
• The FDA receives 75% of its drug approval budget from the pharmaceutical industry.
• Almost 45% of the FDA's total budget comes from the pharmaceutical industry.
• Individual scientists within NIH are allowed to patent drugs and collect royalties. And those NIH scientists have received an estimated $350 million in royalties since 2009.
RFK Jr: "So you have scientists who are supposed to be regulators who are actually making money on the product that they're supposed to be regulating."
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