...This particular company was badly structured and was actually incurring all sorts of needless costs and problems by not having their house in order. If anything the FDA will make them more competitive in the long run.
Interesting. I hate bureaucracy as much as anyone, but I guess I have a love-hate relationship with it. I can see its advantages even as I curse its practitioners. They'll probably get rid of all the cowboys that solved most of their problems (and caused some). Hopefully the bureaucrats will convert the knowledge to processes before they drive them off.