Parkinson's Disease Tulip


advertisement
Reply
 
Thread Tools Display Modes
Old 07-19-2007, 05:25 PM #1
Stitcher's Avatar
Stitcher Stitcher is offline
Magnate
 
Join Date: Aug 2006
Posts: 2,136
15 yr Member
Stitcher Stitcher is offline
Magnate
Stitcher's Avatar
 
Join Date: Aug 2006
Posts: 2,136
15 yr Member
Default NEWS: Brand-Name Companies Could Face Generic Competition On Biotechnology Drugs

Brand-Name Companies Could Face Generic Competition On Biotechnology Drugs

18 Jul 2007
http://www.medicalnewstoday.com/articles/77025.php

The San Francisco Chronicle on Sunday examined how biotechnology companies soon could face generic competition under a bipartisan Senate bill (S 1695) proposed by Democrats Edward Kennedy (Mass.) and Hillary Rodham Clinton (N.Y.) and Republicans Orrin Hatch (Utah) and Mike Enzi (Wyo.). Under the legislation, biotech companies would get 12 years of market exclusivity after FDA approval, compared with five years for traditional brand-name medicines.

The Generic Pharmaceutical Association said a 12-year period of market exclusivity is "arbitrary and excessive." Association CEO Kathleen Jaeger said, "It's just going to unjustifiably delay access to consumers."

However, "some advocates of generics acknowledge that biological medicines are harder to develop than traditional drugs," the Chronicle reports. The Senate bill includes a provision that would require generic biologic makers to perform clinical trials to prove drug efficacy, a step not required of traditional generic drug manufacturers. FDA would be allowed to waive that requirement under the legislation.

Members of a congressional conference committee over the next few weeks will "try to cobble together" a bill that "both the Senate and House can accept," the Chronicle reports (Tansey, San Francisco Chronicle, 7/15).

"Reprinted with permission from http://www.kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation . © 2005 Advisory Board Company and Kaiser Family Foundation. All rights reserved.

Article URL: http://www.medicalnewstoday.com/articles/77025.php

Main News Category: Pharma Industry / Biotech Industry
__________________
You're alive. Do something. The directive in life, the moral imperative was so uncomplicated. It could be expressed in single words, not complete sentences. It sounded like this: Look. Listen. Choose. Act. ~~Barbara Hall

I long to accomplish a great and noble tasks, but it is my chief duty to accomplish humble tasks as though they were great and noble. The world is moved along, not only by the mighty shoves of its heroes, but also by the aggregate of the tiny pushes of each honest worker. ~~Helen Keller
Stitcher is offline   Reply With QuoteReply With Quote

advertisement
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
SINEMIT generic vs brand name geraldo Parkinson's Disease 8 04-15-2007 07:02 AM
CNNMoney -GENERIC DRUGS getting cheaper @ Wal -Mart lou_lou Parkinson's Disease 0 11-02-2006 08:09 PM


All times are GMT -5. The time now is 06:21 PM.

Powered by vBulletin • Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.

vBulletin Optimisation provided by vB Optimise v2.7.1 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
 

NeuroTalk Forums

Helping support those with neurological and related conditions.

 

The material on this site is for informational purposes only,
and is not a substitute for medical advice, diagnosis or treatment
provided by a qualified health care provider.


Always consult your doctor before trying anything you read here.