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190 Pharmaceutical Companies Might Receive Subpoenas In Anti-Competitive Practices Investigation, FTC Says
The Federal Trade Commission on Wednesday announced that it plans to subpoena 190 drug companies in an investigation of possible anti-competitive practices in the pharmaceutical industry, the AP/Los Angeles Times reports. The subpoenas, which require approval from the Office of Management and Budget, would be part of a probe into whether pharmaceutical companies are suppressing competition by releasing authorized generic versions of their own brand-name drugs to coincide with the introduction of products from generic drug makers. Under federal law, after a generic pharmaceutical company successfully challenges a patent held by a brand-name manufacturer, it has six months of exclusivity to sell the drug in the generic market by itself. However, a loophole allows brand-name manufacturers to authorize their own generic versions, which increasingly are entering the market at the beginning of the six-month exclusivity period. Generic drug manufacturers depend on that exclusivity period to recover their costs and make a profit, but with authorized generics entering the generic market sooner, profit margins are falling for generic manufacturers. FTC plans to study whether the authorized-generic loophole benefits brand-name companies in the long run by discouraging generic drug makers from challenging patents. Lawmakers requested in May 2005 that the FTC conduct the investigation, and a final report is due by late 2007 (Bridges, AP/Los Angeles Times, 3/30).
"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.
190 companii farmaceutice putea primi citatii În practicilor anticoncurenþiale Investigarea, FTC spune - 190 Pharmaceutical Companies Might Receive Subpoenas In Anti-Competitive Practices Investigation, FTC Says - articole medicale engleza - startsanatate
