Sens. Charles E. Schumer (D-NY) and John McCain (R-AZ) have introduced the Greater Access to Affordable Pharmaceuticals Act, which, if passed, would modify the 1984 Hatch-Waxman Act to make it easier for generic drugs to enter the marketplace.
Sens. Charles E. Schumer (D-NY) and John McCain (R-AZ) have introduced the Greater Access to Affordable Pharmaceuticals Act, which, if passed, would modify the 1984 Hatch-Waxman Act to make it easier for generic drugs to enter the marketplace.
Under the legislation:
•Â The number of patents that a generic drug company must address for FDA approval would be limited to two â the drug substance patent and the method of use patent.
•Â If the first generic drug maker to file and challenge a brand name's patent reaches an agreement with the brand-name manufacturer to stay off the market, that company's 180-day market exclusivity would roll over to the next applicant.
•Â Only citizen petitions that present specific and substantial scientific evidence that the approval of a generic drug poses a significant threat to public health and safety would delay that drug's approval.
•Â The discrepancy between the FDA's regulations and statutes on bioequivalence testing methods would be eliminated.
The legislation has received mixed reviews from various health industry organizations. "Since generic drugs, on average, cost two-thirds less than the cost of equivalent brand-name drugs, this initiative would help cut the growth of drug costs," said Chip Kahn, president of the Washington-based Health Insurance Association of America.
The Pharmaceutical Research and Manufacturers of America, however, said the proposed legislation unfairly favors the generic pharmaceutical industry. "The Hatch-Waxman Act was carefully balanced, and any reopening of it needs, likewise, to be balanced," said Jeff Trewhitt, a spokesperson for the Washington-based group. "The Schumer-McCain bill is a one-sided approach that focuses solely on expediting access to generic medicines." PR
Sanofi Bolsters Immunology Pipeline with Acquisition of Dren Bio’s DR-0201 for Up to $1.9 Billion
March 20th 2025DR-0201, a CD20-directed bispecific antibody, has demonstrated robust B-cell depletion in early clinical studies, showing promise in treating refractory B-cell-mediated autoimmune diseases.
The Misinformation Maze: Navigating Public Health in the Digital Age
March 11th 2025Jennifer Butler, chief commercial officer of Pleio, discusses misinformation's threat to public health, where patients are turning for trustworthy health information, the industry's pivot to peer-to-patient strategies to educate patients, and more.
Navigating Distrust: Pharma in the Age of Social Media
February 18th 2025Ian Baer, Founder and CEO of Sooth, discusses how the growing distrust in social media will impact industry marketing strategies and the relationships between pharmaceutical companies and the patients they aim to serve. He also explains dark social, how to combat misinformation, closing the trust gap, and more.
Phase III Trials Show Povorcitinib Significantly Improves Hidradenitis Suppurativa Outcomes
March 19th 2025In the Phase III STOP-HS1 and STOP-HS2 trials, results show that patients treated with povorcitinib for hidradenitis suppurativa experienced a ≥50% reduction in the total abscess and inflammatory nodule count.