Some 10,000 diseases are known to medicine, but only 500 have established treatments. Today, it takes around $2 billion and up to a decade to bring a single new drug to market. From 2007 to 2012, private-sector investment in medical innovation in the United States fell by $13 billion. Meanwhile, investments increased around the world. One source of the problem might be the Food and Drug Administration. Janet Marchibroda is director of the Health Innovation Initiative at the Bipartisan Policy Center. She joined Tom Temin on the Federal Drive with some recommendations on how to improve the way the FDA carries out its mission.