4. Is deregulation going to be confusion-free?
Here’s a recent example: Trump in January signed an executive order requiring all government agencies including FDA to eliminate 2 regulations for every new regulation instituted – including guidance documents. Eliminating FDA guidance document could cause confusion for medical device companies, which rely on the guidance to understand the thinking behind FDA standards and interpretation of the law. And what about product liability lawsuits, in which the legal profession defers to the FDA as a science-based organization? If that changes it could upend years worth of legal cases.