Splitting the FDA?

I saw this on Yahoo News this morning and must say it is no suprise drug makers would like to see FDA split, because they can push through new drugs faster. However, FDA exists to ensure products are safe, and this is why it may take 7-10 years to get a drug to market. Drug makers must conduct phase 1, 2 ,3 trials successfully before a drug can be licensed for sale in the U.S. However, a patent on a particular formula may only be for 10 years, so their is pressure on company's bottom lines to get the product out quickly. It will be interesting to see if the current administration rearranges FDA under pressure from drug makers, health care CEOs, and associated lobbying groups.