Happy New Year!

Welcome to 2007! There are a few recent Government Accountability Office (GAO) reports that may catch your interest. On December 19, the GAO released a report on prescription drug manufacturer research and development efforts that clearly caught the attention of incoming House Government Reform Chairman Henry Waxman. No doubt, a GAO report on improvements needed in FDA oversight of direct to consumer advertising also will resonate with the incoming Congress. Finally, last Friday, December 29, the GAO released a report on the profitability of the federal government’s long term care insurance program carrier, Long Term Partners LLC.