Is the Medical Device Industry More Powerful and More Corrupt than the Pharmaceutical Drug Industry?

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By AdminM

Johnson and Johnson Medical Devices Companies

by Paul Fassa
Health Impact News

Just like pharmaceutical drugs, there is an unholy alliance among the CDC, FDA, and the medical device industry, which manages annual revenues of over 300 billion dollars worldwide. The USA accounts for around a third of that revenue. (Source)

The motivation is constantly for new and improved devices despite any safe, adequate performance of older, similar equipment. New devices mean more revenue from recent patents and the marketability of that comes with impressing doctors of the latest medical technology.

FDA pre-market approval (PMA) for medical devices only …read more

Source: Health Impact News

    

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