FDA to start naming names of pharma companies blocking cheaper generics

FDA to start naming names of pharma companies blocking cheaper generics

  • May 17, 2018
Table of Contents

FDA to start naming names of pharma companies blocking cheaper generics

The Food and Drug Administration plans this week to effectively begin publicly shaming brand-name drug companies that stand in the way of competitors trying to develop cheaper generic drugs. FDA Commissioner Scott Gottlieb told reporters on Monday and Tuesday that the agency will unveil a website on Thursday, May 17 that names names of such companies. More specifically, the website will publicly reveal the identity of 50 branded drugs and their makers that have blocked generic development.

The website will also be updated “on a continuous basis” to list additional names. Shaming or not, getting better behavior is certainly the FDA’s goal for the upcoming website. Gottlieb said he hoped that it would deter companies from abusive practices that are “antithetical to the spirit, if not the letter’ of the law behind the generic drug industry—aka the Hatch-Waxman Act.

The key abusive practice that the FDA’s website spotlights is the tactic of brand-name drug makers to withhold samples of their drugs from generic drug makers. Without those samples, generic drug makers cannot perform bio-equivalency testing necessary for regulatory approval.

Source: arstechnica.com

Share :
comments powered by Disqus

Related Posts

Forget carbon fiber—we can now make carbon nanotube fibers

Forget carbon fiber—we can now make carbon nanotube fibers

A carbon nanotube is tough—by some measures, more than 30 times more robust than Kevlar. As they’re only a few atoms thick, however, that toughness isn’t especially useful. Attempts have been made to bundle them together, but nothing has worked out especially well; the individual nanotubes are typically short, and it’s difficult to get them to all line up in the same direction.

Read More