Policy & Regulation News

6 Pharmacy Owners, Marketers Charged in $14M Healthcare Fraud Case

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The Department of Justice announced that six Dallas, Texas-area pharmacy owners and marketers were charged for their role in a $14 million healthcare fraud scheme involving illegal kickbacks and...

FDA Approves Lilly’s Advanced Lung, Thyroid Cancer Drug

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Eli Lilly and Company recently announced the FDA approved Retevmo (selpercatinib), the a therapy specifically for the treatment of metastatic rearranged during transfection (RET) driven lung and...

FDA Grants Emergency Use Authorization for COVID-19 Serology Test

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FDA recently issued an Emergency Use Authorization (EUA) for Abbott’s SARS-CoV-2 IgG lab-based serology blood test on the Alinity i system.  For more coronavirus updates, visit...

Generic Drug Company Pays $24.1M to Resolve Antitrust Violations

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The Department of Justice announced that Apotex Corp, a generic pharmaceutical company, agreed to pay a $24.1 million criminal penalty for the role it played in antitrust violations from May 2013 to...

NIH Ties Up with Top Pharma Companies for COVID-19 Drug Discovery

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The National Institutes of Health (NIH) and Foundation for the NIH recently announced it is joining forces with more than a dozen biopharmaceutical companies to boost COVID-19 drug...

FDA Authorizes Additional COVID-19 Testing in New York

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With COVID-19 continuously spreading throughout the US, the FDA took two major actions to address the virus and enhance its ongoing commitment to the public, according to a recent press release. For...

Gene Therapy, Regenerative Medicine Markets Booming Worldwide

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Globally, companies manufacturing gene therapy, cell therapy, and other regenerative medicines raised nearly $10 billion in 2019, the second-highest year on record, according to a recent analysis from...

FDA Approves First Generic Drug Version of Daraprim

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Patients will now have access to a cheaper version of the drug at the center of a recent price gouging case. In an announcement on Feb. 28, the FDA reported that it has approved the first generic drug...

Esperion Earns FDA Approval for Cholesterol Lowering Drug Nexletol

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Esperion recently announced that the FDA approved Nexletol an LDL-cholesterol lowering medicine, boosting access to medicine for patients with familial hypercholesterolemia or atherosclerotic...

Industry Backs FDA Guidance on Patient-Focused Drug Development

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Biotechnology and pharmaceutical stakeholders largely supported guidance from the FDA on patient-focused drug development, but some sought some clarification about FDA decision-making. The agency held...

FDA Breaks Down Barriers to Prioritizing Generic Drug Approvals

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The Food and Drug Administration issued updates to its policy on prioritization of generic drug applications to make better use of the agency's limited resources. The Manual of Policies and...

FTC, NY Sue to Ban Martin Shkreli From Pharmaceutical Industry

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The Federal Trade Commission and the New York Attorney General Letitia James filed a complaint in federal court against Vyera Pharmaceuticals, Martin Shkreli and Kevin Mulleady, seeking to ban the...

Improving Vaccination Efforts Requires Renewed Commitment

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A Health Affairs blog post on Tuesday made the argument to invest in vaccine infrastructure and education to “turn the tide” on vaccine-preventable diseases, breaking it down by problem...

FDA Proposes Policies for Pediatric Studies

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Study sponsors will be subject to a new requirement for pediatric investigations beginning August 18, with new Food and Drug Administration draft guidance offering transitional information.  The...

Study: FDA Should Simplify Drug Approval Programs

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A new study published Tuesday in JAMA suggests that the evolution of drugs and biologics’ regulatory approval programs at the US Food and Drug Administration has resulted in a system that...

Industry Supports FDA’s Reorganization of Office of New Drugs

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As the Food and Drug Administration looks to reorganize its Office of New Drugs (OND) this year, drugmakers and industry trade groups have recommendations to inform OND’s...

CA Proposes Single Market for Drug Pricing, Manufacturing Hub

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The state of California is set to propose, as early as this spring, two initiatives to establish a single market for drug pricing within the state and a new contracting program for generic...

How Could Drug Price Proposals Impact Pharma Company Profits?

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The pharmaceutical industry could lose $1 trillion in overall revenue and still remain as one of the most lucrative industries in the country, according to research conducted in partnership between...

Exploring International Reference Pricing for Pharmaceuticals

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In October 2018, the Trump administration proposed an international reference pricing model to reduce the federal government's spending on prescription drugs. The International Pricing Index (IPI)...