Results tagged “biologics” from Innovations

By Meghan McCarthy, CQ Staff

No matter who wins November's presidential election, biotech drug manufacturers are unlikely to get the 14-year period of data exclusivity they seek as part of follow-on biologics drug legislation, according to the candidates' top health policy advisers.

At an annual generics industry conference last week hosted by the Generic Pharmaceutical Association (GPhA), Douglas Holtz-Eakin, adviser to GOP nominee John McCain , and Dora Hughes, senior health adviser to Democratic nominee Barack Obama , said both candidates support the shortest time period possible.

By Meghan McCarthy, CQ Staff

More competition among manufacturers of brand name and generic will create better and cheaper biotech drugs, according to a study released Wednesday by the generic pharmaceutical company Teva Pharmaceuticals USA.

Conducted by Boston University Economics Professor Larry Kotlikoff, the study invokes traditional economic theory as it argues that monopolies discourage innovation, which flourishes in a competitive environment.

By Meghan McCarthy, CQ Staff

The Association of American Universities, a coalition of 60 research universities, has written a letter to Reps. Anna G. Eshoo , D-Calif., and Joe L. Barton , R-Texas, in support of the lawmakers' legislation that would create an approval pathway for follow-on biologics (HR 5629). The letter highlights the bill's proposed data exclusivity period as essential to funding the creation of new biologic products.