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Ted Cruz: “The FDA, for example, to get a new drug approved, it…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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IT'S A BIG DAMN DEAL! | Verdict Ep. 206

Published | Video Starts at 10:21

And listen, both parties bear some of the fault of this. But big pharma and the Democrat party are in bed. And it is, you look at the FDA, The FDA, for example, to get a new drug approved, it typically cost billions of dollars. The trials you have to go through. And the consequence of that is really problematic because it means, for example, rare diseases, rare diseases almost never get any money invested in cures for rare diseases. (10:21–10:28)

CLAIM

Asserts that it typically costs billions of dollars to get a new drug approved by the FDA.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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