Cato Institute
Policy Analysis
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Page 42
access will not change that.
There is, of course, no reason to forbid the FDA to
continue in its current role but without its monopoly.  It
could compete with private certifiers and manufacturers, and
consumers could rely on an "FDA mark" as their chosen stan-
dard for safety and effectiveness.  Other manufacturers,
health professionals, and consumers might prefer other
marks.  Given the record of the FDA, that would be no sur-
prise.  The question is not whether devices would be certi-
fied, but which organization should certify them.
Conclusion
The U.S. Congress needs to turn over the FDA review and
approval of medical devices to independent, privately funded
institutions.
Legislation has given the FDA a virtual monopoly over
the marketing of medical devices, and political pressure
forces the FDA to place too much emphasis on preventing the
marketing of unsafe and ineffective devices.  In doing so,
the FDA permanently blocks or delays for years the marketing
of safe and effective devices, some of which would save
lives if they were available on the market.  The cost of FDA
regulation of medical devices is higher medical prices, and,
more important, unnecessary deaths and suffering.
Reforming FDA processes is not the solution.  The
reform proposals discussed in Congress have centered on
bringing efficiency and accountability to the FDA.  They
have been designed to force the FDA to adapt to the increas-
ing pace of innovation and the demands of American consum-
ers.  Yet the best efforts of congressional and agency
reformers fall short.  The sad fact is that the reforms
insulate the FDA from the market in important ways.  The FDA
has powerful incentives to drag its feet and request ever
more information, delaying approval while people suffer and
die.  It will continue to demand more information rather
than see its power diminish.  It will minimize the risk of
approving an unsafe device, at virtually any cost, for fear
of congressional repercussions.  What is most important is
that the FDA retains the power to enforce its decisions.
The reforms leave intact the FDA's power to prevent new
devices from entering the market.
There is an alternative to reform: abandon the current
regulatory process and embrace the free market that has
worked so well for so long in other fields.