I want to know the answer to the following question:
What is excessive drug regulation said to suppress?
All the background I'm provided with is that "A 2012 report by the President's Council of Advisors on Science and Technology made several key recommendations to reduce regulatory burdens to new drug development, including 1) expanding the FDA's use of accelerated approval processes, 2) creating an expedited approval pathway for drugs intended for use in narrowly defined populations, and 3) undertaking pilot projects designed to evaluate the feasibility of a new, adaptive drug approval process.". Is that enough to answer the question?
Answer: no