> Is there a rent seeking problem in the medical and dental fields too? <p> Take a look inside any Medical device company (or Pharma) So much time is spent on FDA compliance most engineers spend 85% of their time killing trees.<p> Now these companies charge extremely high prices for their goods, but no new company can afford to spend the THree to five years getting something to market.And Here I am talking simple devices, not drugs.<P> While the industry complains about the FDA, It is just this problem that builds a moat around the industry.