President Donald Trump made a dramatic appeal for lowering the hurdles new medicines face in gaining approval from the Food and Drug Administration. But his promises – that reduced regulatory standards would result in more cures reaching the market and lower drug prices – may be hard to keep.
Tuesday night, in his address to Congress, President Trump invited as his guest a college sophomore with a rare disease to illustrate why the Food and Drug Administration needs to be ripped to pieces. After 20-year-old Megan Crowley was diagnosed with the neuromuscular disorder Pompe disease as a young child, her…
There’s a strange idea circulating among Mexican currency traders. Well, more of a joke really. But there’s a certain logic to it.
It goes like this: Instead of spending its precious reserves to defend the peso, Mexico should just buy Twitter Inc. — at a cost of about $ 12 billion — and immediately shut it down. The notion made the rounds this week after the central bank revealed it had already blown through $ 2 billion of reserves in a largely futile effort to shield the peso from a steady stream of anti-Mexico Tweets from Donald Trump.