Health and Healthcare

FDA, Short On Funds Can't Look For Deadly Drugs

The FDA says it needs $70 million to inspect all of the foreign facilities it needs to so it can screen for dangerous drugs or drug components. The amount does not seem like much, unless you don’t have it. Tainted Heparin, a blood thinner, has killed over 80 Americans. So far the belief is that the ingredient causing the problem is from China.

According to The Wall Street Journal "The agency (FDA) would need about $15 million to inspect about 700 facilities in China alone, Marcia Crosse, Government Accountability Office’s health-care director said."

Given the nature of the threat, that does not seem like much.

Douglas A. McIntyre

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.