San Diego, CA and Westfield, NJ (January 19, 2009) – Steve Brozak, president of WBB Securities, calls for breakup of the FDA in an article he authored, which is appearing in the current edition of the Food and Drug Law Journal.
In the article, Mr. Brozak says, “As presently constituted, the FDA has too many objectives. It is an agency that needs focus. That focus could be achieved by dividing FDA’s responsibilities among three Federal Departments. The consequence would be to concentrate expertise and responsibilities within individual agencies, to more sharply define budgets and more closely track expenses.”
The article points out that the 2009 FDA budget of $1.738 billion translates to $5.80 per U.S. citizen. Mr. Brozak says, “If FDA does its job well, the price the U.S. consumer pays for this service is truly a bargain. If FDA fails in its mission, it is wasted money.”
Mr. Brozak suggests that the current shortcomings of food and drug regulation can be overcome by splitting up FDA. He proposes that “food and veterinary oversight could go to the Department of Agriculture, Cosmetics regulation could go to the Department of Commerce and the drug and medical device oversight could remain with the newly constituted Drug and Device Agency at the Department of Health and Human Services.”
The Food and Drug Law Journal is a publication of the Food and Drug Law Institute (FDLI), which is committed to providing high quality education and a neutral forum for the generation of ideas and discussion of law and public policy for its legal, policy, and regulatory communities. There are more than 10,000 members and affiliates of the FDLI.
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