In 2010, the Obama Administration largely disrupted the healthcare industry with its landmark legislation, the Affordable Care Act. We are in another such moment, where the Trump Administration is transforming the life sciences industry, not through legislation, but through regulation. Two different methods to achieve the same result: enact significant change. The way in which the Food and Drug Administration (FDA) is regulating life sciences products and enforcing the Food, Drug and Cosmetic Act is altering the foundation of the industry. We would be remiss not to recognize the significance of the moment.
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