How much did Pfizer pay the FDA for the approval of the covid vaccine?
The headquarters of the US Food and Drug Administration (FDA) is shown in Silver Spring, Maryland, November 4, 2009. US health officials unveiled plans to fight avoidable injuries from medication errors or misuse, a problem that harms hundreds of thousands of people each year and can be deadly. REUTERS / Jason Reed (UNITED STATES HEALTH)
In the enormous documentation that has elapsed between the FDA and Pfizer there is also an interesting data, which is part of the general documentation together with the first data of adverse effects. In the letter in which the emergency approval for the vaccine is officially requested, there is also a statement on how much Pfizer has paid to the FDA to finance the approval process.
The pharmaceutical company paid $ 2,875,842 to the FDA. The figure can be considered small or large, but it officially makes Pfizer something of a customer of the FDA, which is financed with precisely these kinds of fees. There has been a steady rate of introduction of new drugs from the CDER (the part that deals with new drugs) over the past two decades. Accelerated approval of anticancer and biologic drugs is seen as a recent trend in drug development, ahead of the arrival of vaccines which enjoyed the same accelerated pace.
Unfortunately, those who have followed the OxyContin and Purdue Pharma case know well how much the FDA is willing to help its "Customers". Too.
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The article How much did Pfizer pay the FDA to approve the covid vaccine? comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/quanto-ha-pagato-pfizer-alla-fda-per-lapprovazione-del-vaccino-covid/ on Fri, 11 Mar 2022 09:00:04 +0000.