I'm sure this bears closer scrutiny, but:

I'm sure this bears closer scrutiny, but:
The underlying notion in both bills, however, has also been criticized over concerns that, by extending data exclusivity beyond the existing timeframes, the law could slow the introduction of lower-cost generic versions of many drugs. Consequently, prices would remain higher, an issue that Express Scripts chief medical officer Steve Miller raised at a congressional hearing last year.

I'm sorry. Is this the same industry (generic drug manufacturers) that has raised its prices so much in the last 2-5 years (hey, we're the only ones making this anymore, whoopee!) that there was a Congressional hearing about it last month?

http://blogs.wsj.com/pharmalot/2014/12/15/senate-bill-offers-15-years-of-data-exclusivity-for-drugs-for-unmet-needs/
http://blogs.wsj.com/pharmalot/2014/12/15/senate-bill-offers-15-years-of-data-exclusivity-for-drugs-for-unmet-needs

Comments

Popular posts from this blog

Yes, this has gone on before.