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FDA: A Must-to-Know for Healthcare Entrepreneurs

Posted by Darshan Gandhi, M.D., M.B.A. 12/22/2017

FDA: A Must-to-Know for Healthcare Entrepreneurs
In early 1900’s, the healthcare scenario in the US was chaotic with the new drugs coming into the market without proper clinical trials leading to many drug-related disasters. To control the situation, the U.S. Food and Drug Administration (FDA) agency was established. But with changing times accompanying the increased needs for new innovative and efficient treatment, the health and security concern has also increased. The control the increasing demand for drugs, and also the market pressure the FDA has implemented new quick approval methods. The bottom line of this piece is to highlight the fact that both the health entrepreneurs and FDA should work together for the betterment of the situation.
 

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