Bills would ban drugmaker deals to delay cheap drugs
August 18, 2010 by USA Today
Filed under Top Headlines
Generic-drug makers in the past year have dropped a record number of patent lawsuits against brand-name pharmaceutical companies in exchange for compensation to delay getting money-saving drugs to market.
Legislation that has recently gained momentum in Congress threatens to end such deals.
The House has passed a bill limiting [...]
CMS Lets Drug Makers Access More Data Under Final Coverage Gap Discount Agreement
August 10, 2010 by Inside Health Policy, Brett Coughlin
Filed under Top Headlines
CMS responded to drug makers comments about the Coverage Gap Discount Program manufacturer agreement in an Aug. 3, 2010 memo, obtained by Inside Health Policy, and will allow drug makers greater access to prescription drug data, but not to the extent industry had asked for. CMS also said in the document that the sole exception [...]
5 Generic Products That Are Just as Good
August 9, 2010 by Yahoo Finance, Amy Bell
Filed under Generics, Managing My Drug Costs, Top Headlines
In today’s tough economy, consumers are pinching pennies by choosing generic over big name brands in their supermarket aisles. From chips and dips to pain relievers and peanut butter, there’s a cheaper generic version of almost every product.
Of course, some of these no-name products are second-rate. For [...]
Controversial ‘Pay For Delay’ Provision Attached To Financial Services Bill
July 28, 2010 by Inside Health Policy, Amy Lotven
Filed under Top Headlines
Controversial legislation that would limit brand-name and generic drug makers from reaching deals to delay generic drug marketing was attached to a Senate appropriations subcommittee’s financial services spending bill on Tuesday, sources say. The measure has been briefly attached to several other bills over the past year, including health reform legislation, only to be dropped [...]
US sees jump in “pay-for-delay” drug settlements
July 28, 2010 by Reuters
Filed under Top Headlines
Brand-name drug companies made a record 21 deals so far this fiscal year with generic firms that delayed production of cheaper generic drugs, the U.S. Federal Trade Commission told lawmakers on Tuesday.
The FTC is trying to crack down on so-called “pay-for-delay” settlements, highlighting that when generic versions [...]
GPhA Report: Generics Offer Big Medicaid Savings Opportunity
July 27, 2010 by The Wall Street Journal Health Blog
Filed under Generics, Top Headlines
Every 2% uptick in the substitution of generic drugs for brand-name products saves Medicaid $1 billion a year, according to a report released by the Generic Pharmaceutical Association (GPhA). And, the group says, the generic utilization rate is about 64% across Medicaid, more than 10 percentage points lower than for the general population — suggesting [...]
Pay-for-delay, evergreening central to GPhA cost-savings report
July 27, 2010 by Inside Health Policy, Ben Moscovitch
Filed under Top Headlines
The Generic Pharmaceutical Association is touting a new report that highlights cost savings associated with generic drugs as additional fodder to fight congressional efforts to limit pharmaceutical manufacturer settlements, while simultaneously calling for the elimination of “evergreening” practices for biologic products — two issues that were central in the healthcare reform debate.
In its report, GPhA [...]
New Medicare Rules May Curb Use of Anemia Drugs for Dialysis
July 27, 2010 by The New York Times, Andrew Pollack
Filed under Top Headlines
Yet more restrictions in the use of anemia drugs are on the way.
Medicare issued final rules Monday that are expected to sharply curtail the use of anemia drugs, particularly Amgen’s Epogen, in the treatment of patients undergoing kidney dialysis.
However, after getting lots of protest, Medicare decided to exempt certain [...]
ESRD Rule Delays Bundling Oral Drugs; Keeps 5% Cut To Dialysis Centers
July 27, 2010 by Inside Health Policy, John Wilkerson
Filed under Top Headlines
In a win for drug makers, CMS is waiting three years to bundle reimbursement of oral treatments for end stage renal disease that have have no injectible equivalents. Biopharmaceutical companies Amgen and Genzyme had lobbied for a delay, using a health reform law provision to bolster their argument. Big dialysis companies did not fair as [...]