After 100 days as FDA Commissioner, Dr. Marty Makary lays out his vision for reform, starting with the broken systems he’s uncovered inside the agency.
He confronts the FDA’s failure in the opioid crisis, acknowledges the loss of public trust during COVID, and calls out regulatory capture and internal conflicts of interest, including practices that allowed FDA staff to block their own drug safety reviews.
Makary announces a new policy to publish drug rejection letters and introduces a priority review voucher program to fast-track approvals for companies that align with U.S. public health goals, including lowering drug prices to match those in other wealthy nations. “This president,” he says, “does not like to see Americans getting ripped off.”
He also pledges to modernize food chemical oversight, reform the outdated GRAS system, and cut bureaucratic bloat to refocus the FDA on science, safety, and common sense.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts