TV News LIES

Monday, May 30th

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...


96-year-old Heimlich uses namesake maneuver on choking woman

Henry HeimlichThe 96-year-old Cincinnati surgeon credited with developing his namesake Heimlich maneuver recently used the emergency technique...

BMX Legend Dave Mirra Had CTE When He Died

Dave MirraBMX icon Dave Mirra, who died in February, suffered from the type of chronic brain damage...

Cell phone radiation may cause cancer, new government study finds

Cell phone use may cause cancerIt’s the news everyone has been dreading: That little cell phone that people use all the...

Family of Tony Gwynn files wrongful death lawsuit against tobacco industry

Tony Gwynn The family of Hall of Fame baseball player Tony Gwynn has filed a wrongful death lawsuit...
 
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!