I'm spitting it out for you:
"FDA aiming to speed OK of medical devices" by Robert Weisman | Globe Staff October 08, 2014
CHICAGO – Under fire from the industry for being too slow to approve medical devices and diagnostics, Food and Drug Administration Commissioner Margaret A. Hamburg told a medical technology trade group Tuesday that her agency is working on ways to get new products to market faster.
This is another of those government agencies supposedly looking out for your health that actually is serving corporate concerns, as are they all.
FDA officials are streamlining reviews “to make sure really promising products can move through the system swiftly but with a robust regulatory process,” Hamburg told more than 1,500 executives at the annual conference of the Advanced Medical Technology Association, known as AdvaMed.
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“This is a work in progress,” Hamburg said....
With financing for early stage medical technology companies in decline, many have begun moving clinical trials out of the United States — or even starting companies abroad in more business-friendly locales.
Yeah, let's go find some other lab rats for our vaccines so we can make more dough.
“The horse has already left the barn,” warned Mark Deem, managing partner of the Foundry LLC, a medical device startup incubator in Menlo Park, Calif. “It’s gotten to the point where entrepreneurs are just moving all their early stage medical device activities lock, stock, and barrel overseas.”
Just another allegedly AmeriKan industry and manufacturer to do it. Now one of the great industries driving the AmeriKan economy is leaving.
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Earlier on Tuesday, executives at the AdvaMed conference were welcomed to Chicago by Mayor Rahm Emanuel, who suggested they spend as much money here as possible and consider setting up shop in the city’s emerging health care business hub.
“The medical technology industry in the Midwest is a juggernaut.” Emanuel said....
I must admit, I never realized how powerful that particular lobby was. I'm still stunned by its dominance in my bu$ine$$ pages.
Emanuel said Chicago is making a push to expand its medical technology sector, inviting venture capitalists from both coasts to an upcoming forum and opening a health care business incubator downtown in the city’s historic Merchandise Mart.
The mayor, a Democrat and former White House chief of staff, worked for passage of President Obama’s health care overhaul.
He is also allegedly (read likely) the Israeli mole in the Clinton White House.
It included an excise tax on medical gear that, for obvious reasons, is unpopular with many medical devices executives.
And yet the citizenry is supposed to embrace all sorts of taxes and welcome a carbon tax to save the planet, blah, blah, blah.
“I didn’t know if I should go into a witness protection program,” Emanuel joked before he spoke.
Ha-ha-ha. Not funny at all.
Also during the conference, US Representative Peter J. Roskam, an Illinois Republican and chief deputy whip in the House, called on executives to push for tax code changes that would eliminate the medical device tax and make it more competitive for companies to keep their corporate headquarters in the United States.
Why would they move? They have no loyalty to this country? A bunch of profit-seeking traitors are they?
“No one can defend the status quo,” he said. “There’s a national consensus that our tax code has got to be reformed.”
Well, we have national consensus against these wars and yet you sphincters keep laying them on us.
Roskam praised the innovations created by medical technology companies, noting his father has a hearing aid and his mother has “knees and hips and all kinds of things that you people make, and she’s skipping around like a teenager.”
Is she giving blow jobs like you, too, Peter?
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Related: Hamburg For Supper
All $mells so rancid to me.
