He adds that all the scrutiny that banks are under fire over concerning foreclosure procedures is creating the perfect environment for a massive bail-out of deadbeat homeowners.
The new outfit, Transcelerate Biopharma, was created out of a regular meeting of drug company research chiefs and will focus on five areas where the clinical trials that are used to test medicines wastefully duplicate procedures like training physicians, running websites, or creatingprocedures to document the benefits and side effects of new medicines.
Why should the U.S. keep ponying up more money for an agency whose procedures may be creating the very kinds of crises it is supposed to prevent or cure?