Food and Drug Administration

→↑Time/money needed to approve new drugs

→↓Quantity of new publicly available drugs
→↑Mortality rate

For more explanation: In theory, the FDA is trying to prevent unsafe

drugs from reaching consumers, thereby decreasing the mortality rate.
However, basic economic theory tells us not to worry about this sce-
nario very much. A company that widely distributes an unsafe drug
will ruin its reputation and be open to lawsuits from every direction.
Thus, incentives are strongly aligned for companies to never release a
drug without being quite certain it is safe.