<< St. Jude Medical announces implantation of the first patient in China with its Eon rechargeable neurostimulator | Click4Care receives prestigious Healthcare IT Innovation Award >>
Read in | English | Español | Français | Deutsch | Português | Italiano | 日本語 | 한국어 | 简体中文 | 繁體中文 | Nederlands | Ελληνικά | Русский | Svenska | Polski

Generic and brand-name drug makers face off

Published on November 18, 2009 at 10:57 AM · No Comments
"Teva Pharmaceuticals, a leading manufacturer of generic drugs, has been aggressively lobbying Congress to scrap provisions in the health care bills it claims would shut it out of the biologic drug market for too long," Roll Call reports. Lobbyists for the biologics makers have charged, however, that Teva is hypocritical because it is fighting to restrict generic production of its own brand-name product. "Depending on which business hat they are wearing, they are coming up with different scientific standards," one biologics lobbyist said. "The complaints underscore how bitter the high-stakes battle between generic and brand-name drug companies has become as Congress decides how boldly to restrict entry into the potentially lucrative generic biologic, or biosimilar, market." Current proposals would give brand-name makers 12 years of exclusivity. Generics makers hope to bring that time down to five to seven years (Roth, 11/18).


http://www.kaiserhealthnews.orgThis article is republished with kind permission from our friends at The Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery of in-depth coverage of health policy developments, debates and discussions. The Daily Health Policy Report is published for Kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation. Copyright 2009 Advisory Board Company and Kaiser Family Foundation. All rights reserved.

Posted in: Healthcare News | Pharmaceutical News

Comments
The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News-Medical.Net.



  Country flag

biuquote
  • Comment
  • Preview
Loading