It’s tragic that many lives will be lost due to the fear-driven slow rollout.

Sam Peltzman showed with statistics that the FDA's mandate of "safe and effective" slowed down the development of new pharmaceuticals past the point that there were more deaths.

He took it to Congress, who simply latched on to "safe and effective" as an obviously good idea, statistics be damned.

"Regulation of Pharmaceutical Innovation", Sam Peltzman https://www.amazon.com/Regulation-Pharmaceutical-Innovation-...