Interesting story about the FDA blocking innovation this week in Forbes:
Burton G. Malkiel, 07.20.11, 06:00 PM EDT
Forbes Magazine dated August 08, 2011
The World Economic Forum has recently announced its country competitiveness rankings for 2010, and the news is not good: The U.S. slipped to fourth place. President Obama has repeatedly stressed that we must act to reverse this decline by encouraging American innovation. He has made clear his conviction that vibrant entrepreneurialism is the key to America’s continued global leadership and the greatest force for prosperity the world has ever known.
The President has noted the importance of a proper balance between rules and regulations necessary to protect public health and safety, all the while expressing concern that those rules have sometimes gotten out of balance, stifling innovation and retarding growth.
About the Author
Christopher J. Centeno, M.D. is an international expert and specialist in regenerative medicine and the clinical use of mesenchymal stem cells in orthopedics. He is board certified in physical medicine as well as rehabilitation and in pain management through The American Board of Physical Medicine and Rehabilitation.…