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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBiotech firms lobby states to limit generic competition
http://www.nytimes.com/2013/01/29/business/battle-in-states-on-generic-copies-of-biotech-drugs.htmlJanuary 28, 2013
Biotech Firms, Billions at Risk, Lobby States to Limit Generics
By ANDREW POLLACK
In statehouses around the country, some of the nations biggest biotechnology companies are lobbying intensively to limit generic competition to their blockbuster drugs, potentially cutting into the billions of dollars in savings on drug costs contemplated in the federal health care overhaul law.
The complex drugs, made in living cells instead of chemical factories, account for roughly one-quarter of the nations $320 billion in spending on drugs, according to IMS Health. And that percentage is growing. They include some of the worlds best-selling drugs, like the rheumatoid arthritis and psoriasis drugs Humira and Enbrel and the cancer treatments Herceptin, Avastin and Rituxan. The drugs now cost patients or their insurers tens or even hundreds of thousands of dollars a year.
Two companies, Amgen and Genentech, are proposing bills that would restrict the ability of pharmacists to substitute generic versions of biological drugs for brand name products.
Bills have been introduced in at least eight states since the new legislative sessions began this month. Others are pending.
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Biotech firms lobby states to limit generic competition (Original Post)
jsr
Jan 2013
OP
I thought drug regulation was for the FDA not the states themselves? Also would this effect someone
cstanleytech
Jan 2013
#3
Berlum
(7,044 posts)1. "All your planet's genetic birthright are belong to us." - Big Gene, Inc.
RedCappedBandit
(5,514 posts)2. Ah, regulation only when it suits them
cstanleytech
(26,290 posts)3. I thought drug regulation was for the FDA not the states themselves? Also would this effect someone
buying it from another state? If so then isnt that a violation of the commerce clause?
Plus how exactly is it limiting the pharmacist? Does it forbid them from discussing cheaper options? If so then isnt that a violation of the pharmacist first amendment rights?