All posts tagged: approvals

Government Handing Out Cash Bonuses to Drug Researchers Who Rush Through Regulatory Approvals

Government Handing Out Cash Bonuses to Drug Researchers Who Rush Through Regulatory Approvals

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech Not even a year after the US Food and Drug Administration announced it was using generative AI to speed up the drug review process, the agency has another bold announcement: employees who make quick work of their assignments will be handsomely rewarded for their dedication. According to the Associated Press, FDA commissioner Marty Makary recently unveiled a new “pilot program” involving cash bonuses for drug reviewers who complete their work ahead of schedule. The reward for fast regulatory work will come in the form of a quarterly bonus, to be paid out to FDA staffers starting in August. Per the AP, payment amounts will be based on vague “weighted time savings,” as well as “work quality and work complexity.” “My job as your commissioner is to be your advocate and to fight for you,” Makary told drug reviewers in a presentation viewed by the AP. “If you don’t like it, we can get rid of it, but usually …

Trump threatens Canada with aircraft tariffs, decertification over Gulfstream approvals

Trump threatens Canada with aircraft tariffs, decertification over Gulfstream approvals

WASHINGTON: President Donald Trump said on Thursday (Jan 29) the US was decertifying Bombardier Global Express business jets and threatened 50 per cent import tariffs on other aircraft made in Canada until the country’s regulator certified a number of planes produced by US rival Gulfstream. “If, for any reason, this situation is not immediately corrected, I am going to charge Canada a 50 per cent Tariff on any and all aircraft sold into the United States of America,” Trump said of the Gulfstream certification process in a post on Truth Social. His declaration came amid broader tensions between the neighbouring countries after Canadian Prime Minister Mark Carney, citing US trade policy, last week urged nations to accept the end of the rules-based global order that Washington had once championed. Trump also said he was “decertifying their Bombardier Global Expresses, and all Aircraft made in Canada” until the Gulfstream planes were certified. That threat, if carried out, would have a drastic impact on US carriers like American Airlines and Delta Air Lines, which rely on Canadian-made …