Trump picks industry insider to lead FDA

13 March 2017

"Thank God it's Gottlieb" was one analyst’s reaction to the news that US President Donald Trump was to pick industry veteran and former Food and Drug Administration deputy commissioner Scott Gottlieb to lead the agency.

Mr Gottlieb, a GlaxoSmithKline (LSE: GSK) adviser and board member of several small pharmaceutical companies, is seen as a safe pair of hands by the industry.

Some were concerned about a more radical and potentially disruptive choice, such as libertarian investor Jim O'Neill, who has previously argued drugs should be approved purely on the basis of their safety profile.

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