Remember ImClone? This was the company founded by physician Sam Waksal, an immunologist who worked for years to develop a drug to treat colon and other cancers. His company had one product—Erbitrux—and it promised to extend the lives of thousands of terminally ill people.
In 2001 Dr. Waksal learned—from a government insider—that the FDA was about to reject Erbitrux. The result would be ruinous, for him, his family, his shareholders and desperate patients. For three days he walked around knowing that his company was about to be castrated by government fiat, but forbidden to tell anyone of the impending destruction. He was expected to wait silently, like an animal for the slaughter, denying his own mind and repressing his desire to act, without telling even his family.
In June of 2003 he was sent to jail for seven years. He has paid millions in "restitution" to "victims," including the State of New York. The FDA decree destroyed hundreds of millions of dollars in shareholder wealth. Martha Stewart went to jail for asserting her own innocence. Cancer patients continued to die.
It is worth comparing the goals of Dr. Waksal—a creator—and an FDA bureaucrat. Dr. Waksal's mission was to command nature, by bringing life to people suffering from the most intractable disease to ravage the human body.
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