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...drug. That's why it's so important for governments to create more financial incentives. Under a U.S. law enacted last year, for example, any drug company that develops a new treatment for a neglected disease like malaria can get a priority review from the Food and Drug Administration (FDA) for another product it has made. If you develop a new drug for malaria, your profitable cholesterol drug could go on the market as much as a year earlier. Such a priority review could be worth hundreds of millions of dollars. It's a fantastic way for governments...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

Meanwhile, the U.S. Food and Drug Administration (FDA) has declined to discuss what it may have in store for the genetic-testing industry except to say it's definitely on the regulators' radar. Currently the FDA has chosen not to oversee laboratory-developed tests like these, although it has discretion...

Author: /time Magazine | Title: Should Genetic Tests Be Regulated? | 7/22/2008 | See Source »

...course we are watching this field with great interest," says Dr. Steven Gutman, director of the Office of In Vitro Diagnostics at the FDA...

Author: /time Magazine | Title: Should Genetic Tests Be Regulated? | 7/22/2008 | See Source »

There's no telling whether it works - products like these aren't classified as drugs, so they aren't evaluated by the FDA - but, at least in theory, it ought to make love, lust or trust bloom a little faster. That's not unlike the drug ecstasy, which triggers the release of serotonin, dopamine and oxytocin in the brain and heightens users' feelings of trust and intimacy, even among complete strangers. Concerns that oxytocin might be similarly abused as a recreational drug seem unfounded, however, given that the hormone doesn't produce a high, says zoologist Sue Carter...

Author: /time Magazine | Title: Can Oxytocin Ease Shyness? | 7/21/2008 | See Source »

...Maryland Stalking Salmonella's Source U.S. Food and Drug Administration (FDA) officials are now looking at serrano peppers, cilantro and jalapeņos, as well as tomatoes, as possible sources of the salmonella outbreak that has infected more than 1,000 people since April. These items are commonly found in salsa, which many victims said they had consumed before they fell ill. Tomato growers say hasty finger-pointing by the FDA cost them millions in lost revenue...

Author: /time Magazine | Title: The World | 7/10/2008 | See Source »

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