GPhA demands an end to the 'anti-competitive' abuses which 'stifle generics'

18 March 2016
drugs_pills_tablets_big

The US Generic Pharmaceutical Association (GPhA) welcomed the holding of Senate Aging Committee discussions on Thursday over what it calls the ‘anti-competitive business practices’ of some brand manufacturers to stifle generics.

A statement has been released in relation to the issue by Chip Davis, president and chief executive of the GPhA, which represents generic firms and aims to ensure Americans have access to affordable drugs.

His statement reads: “As costs associated with the use of branded specialty medicines continue to rise, public analysis and review of business practices designed explicitly to restrict generic competition are more important than ever. It is equally important to understand the difference between what the Committee discussed today - self-imposed restricted distribution agreements utilized by select companies to thwart generic entry - and those mandated by the Food and Drug Administration (FDA) to protect public health and safety. While GPhA recognizes there are abuses in FDA mandated Risk Evaluation and Mitigation Strategies (REMS) programs, we are pleased that the committee paid needed attention to the abuse of voluntary restricted distribution agreements by certain companies.”

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Today's issue

Company Spotlight





More Features in Generics