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Patient safety advocate 'horrified' at government's plans to drop Therapeutic Products Act (www.rnz.co.nz)

submitted 9 months ago by BalpeenHammer to c/politics

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[–] absGeekNZ 1 points 9 months ago (1 children)

If the industry is to be believed (skeptical) this act would have made the NZ regulatory marked more stringent than the rest of the world. This is not a good position for us as we do not drive the market, we are too small for that.

I see this in common with other markets, why do we need to have a special framework? if a product has approval in Europe then we should recognize that, if it fails in Europe then it isn't allowed here without proving itself.

There are special circumstances that may make the NZ case unique, this cost should be borne by those who want to sell into this market.

Note: I pick the Europeans because I trust their regulators far more than the US equivalent.

[–] liv 1 points 9 months ago* (last edited 9 months ago) (1 children)

Realistically though I think our current regime would tend to follow Australia which is more in line with the US than Europe.

[–] absGeekNZ 2 points 9 months ago

Agreed..... We can dream though