Why? Would companies suddenly start poisoning their products? How well did the FDA perform its function during the recent outbreak of meningitis in vaccines?
The amount of deception and risk taking would increase ten folds immediately. Again, the FDA is NOT involved in regulating individual compounding of pharmacies but rather MANUFACTURERS. The FDA plays a role not only in the drug approval process, but also post-marketing surveillance and advertising as well as much more.
Do you have any idea the process a drug takes to make it to the market?
Is this always a good thing? No. Does it have cons? Yes. But it would just be foolish to remove a system that is in place to ensure safety and efficacy of medications.