Senate committee OKs generics bill

Share this article:
The Senate Judiciary Committee has approved the Preserve Access to Affordable Generics Act, sponsored by Herb Kohl (D-WI), that would prohibit innovator drug companies from compensating generic drug companies to delay a generic drug’s entry into the market.

The bill would make it illegal for any person, in connection with the sale of a drug product, to directly or indirectly be party to any agreement resolving or settling a patent infringement claim in which an Abbreviated New Drug Application (ANDA) filer receives anything of value. And the ANDA filer would agree not to research, develop, manufacture, market or sell the ANDA product for any period of time.

The legislation also would require the Federal Trade Commission to study:
• The prevalence of agreements in patent infringement suits;
• The impact of such agreements on drug industry competition;
• The prevalence in the drug industry of other anticompetitive agreements among competitors or other practices contrary to the antitrust laws;
• And the impact of such agreements or practices on competition in the drug market in the last five years.

Share this article:
You must be a registered member of MMM to post a comment.
close

Next Article in Channel

Email Newsletters

MM&M Future Leaders


Register now

Early bird $1,950 before 31 October 2014

*Group discounts available on request 

MM&M EBOOK: PATIENT ACCESS

Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.

More in Channel

Five things for pharma marketers to know: Monday, September 15

Five things for pharma marketers to know: ...

Pharma has sought 76 meetings with FDA over biosimilars; Gilead licenses Sovaldi to India generic drugmakers; Pfizer and Ranbaxy Lipitor lawsuit dismissed.

Liraglutide, aiming for new indication, gets new name

Liraglutide, aiming for new indication, gets new name

Why Novo Nordisk is choosing not to leverage Victoza's brand equity as it seeks a weight-loss indication for liraglutide.

Five things for pharma marketers to know: Friday, September 12

Five things for pharma marketers to know: Friday, ...

An FDA panel voted in favor of liraglutide for weight loss; Allergan investors backing an attempted takeover of the firm crossed a critical threshold; and 100 million health wearables are ...