REPORT: FDA calls out drugmakers that are ‘gaming’ the system to delay competition

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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by BUSINESSINSIDER.COM:

  • The FDA just published a list of drugmakers the agency says are using “gaming” tactics to keep generic competition off the market.
  • The list of 52 drugs are made by some of the biggest pharmaceutical companies including Novartis, Pfizer, Mylan, and Valeant.
  • “FDA is committed – among other things – to addressing and improving transparency about this and other gaming tactics that delay the generic competition Congress intended,” the agency said on Thursday.

The FDA is calling out drugmakers it says are getting in the way of generic competition.

The Food and Drug Administration published a list on Thursday of 52 drugs it deemed are facing delays to getting generic versions because of “gaming” happening on the part of brand drugmakers.

The article goes on to state the following:

Having generic alternatives to branded drugs is key to lowering drug prices. However, the companies that make the branded versions of the drugs stand to lose a lot of money once generic competition comes into the market.

As part of the process of getting a generic alternative approved, drugmakers need to purchase samples of the branded drug. Often, the companies that make the branded version make it difficult for that to happen which slows down the process of getting that generic version on the market.

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