TV News LIES

Saturday, Feb 17th

Last update05:20:13 AM GMT

You are here News Health Generic drug makers: Law loophole gives Big Pharma a competetive edge

Generic drug makers: Law loophole gives Big Pharma a competetive edge

E-mail Print PDF

Generic drugs fight Big PharmaThere’s a usual route for firms that want to market a generic drug: Buy samples of the brand-name version and run tests to show regulators that the generic is identical. If the firms can’t get their hands on the samples, they can’t get to the starting line.

A growing number of generic drug makers say they’re getting shut of the race because of a loophole in the law that gives their brand-name rivals a competitive edge.

At issue are brand-name drugs that are prone to abuse or pose such grave health risks that federal regulators approve them only if the drug maker agrees to tightly control their distribution — providing them only to hospitals, for instance.

Therein lies the rub. These restrictions, which are imposed by the Food and Drug Administration on a case-by-case basis, block the flow of drugs to the wholesalers that generic firms rely on for their must-have samples. Critics say the brand-name drug makers are using these restrictions as an excuse for denying competitors access to the products and warn the practice is bound to become more entrenched and widespread.

More...


Most Recent Related Stories...


Flu gone in a day? Japanese maker touts new drug

Flu drugs from Japan may cure in one day A single-dose pill that can halt the flu virus within a day. That's what Japanese drug maker...

ACA enrollment reaches 11.8 million for 2018

ACA enrollment reaches 11.8 millionA total of 11.8 million people signed up for health care coverage under the Affordable Care...

Koch-backed group fights paid sick leave laws as flu sweeps US

KOch backed group fights health leaveThis week marks 25 years since Bill Clinton signed the Family and Medical Leave Act, which...

GOP Lawmakers Take Aim at WHO Agency Over Carcinogenic Roundup Ingredient

GOP lawmakers threaten to cut WHO funding over Roundup exposureRepublican lawmakers are threatening to cut off U.S. funding for the World Health Organization's cancer research...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!