Shame on the FDA

FORMER FDA DEPUTY DIRECTOR CHARGED WITH INSIDER TRADING (Orthopedics This Week)
FDA INSIDER TRADING SUSPECT COMMITS SUICIDE (Orthopedics This Week)
The FDA regulates billions of dollars of the U.S. economy. The agency's pending decisions about approvals and clearances are closely guarded. If leaked, investors and competitors can gain or lose huge advantages, or worse, public health is impacted.
Most of the time the secrecy works. But a recent prosecution of a former deputy director of the FDA for providing tips on approvals to three hedge fund managers who then made tens of millions off the no...


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