Re:How Bad Antitrust Enforcers Kill People
by dantheman on Wednesday April 01, 2020 @09:22PM
(#22755348)
In type A, people have a choice. They could be informed there is a risk. In type b, they have no choice.
Re:How Bad Antitrust Enforcers Kill People
by sharemywin on Wednesday April 01, 2020 @10:16PM
(#22755647)
And who provides the neutral informed accessible information? and there's the rub with modern society. No one could possibly be expected to be an expert in every field and sub field.
Re:How Bad Antitrust Enforcers Kill People
by BurningFrog on Wednesday April 01, 2020 @11:40PM
(#22756006)
Drugs are prescribed by a doctor, who should be an expert in this exact field.
Re:How Bad Antitrust Enforcers Kill People
by sharemywin on Thursday April 02, 2020 @01:17PM
(#22761260)
And you hear all the time about getting test you don't need and all kinds of other conflicts of interest.
Re:How Bad Antitrust Enforcers Kill People
by dantheman on Thursday April 02, 2020 @03:50PM
(#22762960)
And clearly the FDA has a bias on not making a decision that could be wrong. They lose nothing by delaying, and lose a lot by approving the wrong drug. So what happens, everything takes longer, drives up costs, and delays treatment -- they have no incentive to deal with the problems they create.
A: Approve a drug that turns out to be a "cure worse than the disease", and shouldn't have been approved.
B: Not approve a drug that would have cured many sick and/or saved a lot of lives.
You can never fully know beforehand which error a decision will have. So the FDA will always gamble a bit in their decisions.
And here is the gigantic problem:
With a type A error, patients taking the new drug dies, there is an uproar in the media, the agency takes a big beating, and careers are ruined.
With a type B error, a lot of people who could have been saved dies. But that is no change from before, no one notices, and the careers of FDA officials are unharmed.
Given these incentives, it is not surprising that the FDA overwhelmingly errs on the side of type B errors. It's hard to compute, but the number of lost lives from this is probably in the millions since the 60s.