Tag Archives: FDA

Trump’s FDA Pick Could Be Inspired

Trump’s willingness to surprise continues with the people he is considering to head America’s medical watchdog, the FDA.

Yesterday Trump met with two contenders. One was Balaji Srinivasan, a brilliant and thoughtful man with deep ties to Silicon Valley and Peter Thiel, a key Trump backer.

Thiel’s justified frustration with the FDA is longstanding. When I interviewed him six years ago, he told me that if the tech industry was regulated that way, it wouldn’t exist.

As he said to me, “Imagine if Twitter had to go through the FDA drug approval — how efficacious, how does it affect the brain, phase II, phase III trials.”

And Srinivasan is of a similar mind, publishing a tweetstorm in March last year criticising the FDA’s chilling effect on innovation.

One example:

“New tech allows far better regulation than the FDA.”

Which means that Srinivasan even being considered for the role is a sign that priorities at the FDA are set to change. Fantastic. Because freeing things up will save thousands of lives.

Srinivasan is an experienced, successful biotech entrepreneur and venture capitalist. But more than that, he is incredibly thoughtful and original in general. His tweetstorm on “the cloud versus the land”
is one of my favourite reads on the year so far.

Trump’s first 100 days just got even more interesting.

Advertisements

Leave a comment

Filed under Business, Innovation, Politics, Trump

Angelina Jolie shows us a glimpse of our future – if regulators let us have it

How do you regulate the future? We live in an age of miraculous, disruptive technologies, yet one of its great challenges is how to keep the lumbering process of regulation from putting the brakes on human inventiveness.

Take genetic testing: this week 23andMe, a pioneering US firm that offered to scan your genetic code for potential health threats for $99 (£60), was ordered to stop marketing its home testing kits by the FDA, America’s regulator of medicines. Continue reading

Leave a comment

Filed under Freedom, Innovation, Politics, Technology