http://healthblog.ncpa.org/obama-still-lacks-medicare-chief-house-bill-delays-competition-from-generic-drug-makers-and-unfunded-pension-obligations/ Health Care Policy and Reform Insights | NCPA Thu, 24 May 2012 23:32:42 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://healthblog.ncpa.org/obama-still-lacks-medicare-chief-house-bill-delays-competition-from-generic-drug-makers-and-unfunded-pension-obligations/comment-page-1/#comment-51946 Devon Herrick Fri, 15 Jan 2010 15:42:56 +0000 http://www.john-goodman-blog.com/?p=8293#comment-51946 The thought of drug makers wielding both a carrot and a stick against rivals (offering cash in lieu of a costly lawsuit to delay generic competition) has raised the ire of Henry Waxman (D-California) for awhile now. The next step (assuming it’s not already buried somewhere in the 2,000+ page bill) will be a ban on licensed generics. The way this might work is a Brand-Name drug maker quickly licenses a copy of its drug as the patent expires; knowing few generic drug companies would fight a costly legal battle when they realize the financial rewards (i.e. 180 days of exclusivity for being the first to market) would be degraded by a licensed generic. The thought of drug makers wielding both a carrot and a stick against rivals (offering cash in lieu of a costly lawsuit to delay generic competition) has raised the ire of Henry Waxman (D-California) for awhile now. The next step (assuming it’s not already buried somewhere in the 2,000+ page bill) will be a ban on licensed generics. The way this might work is a Brand-Name drug maker quickly licenses a copy of its drug as the patent expires; knowing few generic drug companies would fight a costly legal battle when they realize the financial rewards (i.e. 180 days of exclusivity for being the first to market) would be degraded by a licensed generic.

]]> http://healthblog.ncpa.org/obama-still-lacks-medicare-chief-house-bill-delays-competition-from-generic-drug-makers-and-unfunded-pension-obligations/comment-page-1/#comment-51891 Tom H. Thu, 14 Jan 2010 15:33:49 +0000 http://www.john-goodman-blog.com/?p=8293#comment-51891 Joe, maybe Obama really is going to let Medicare "wither on the vine." Joe, maybe Obama really is going to let Medicare “wither on the vine.”

]]> http://healthblog.ncpa.org/obama-still-lacks-medicare-chief-house-bill-delays-competition-from-generic-drug-makers-and-unfunded-pension-obligations/comment-page-1/#comment-51890 Joe S. Thu, 14 Jan 2010 15:32:52 +0000 http://www.john-goodman-blog.com/?p=8293#comment-51890 It would probably be easier to privatize if there were no leader opposing the move. It would probably be easier to privatize if there were no leader opposing the move.

]]> http://healthblog.ncpa.org/obama-still-lacks-medicare-chief-house-bill-delays-competition-from-generic-drug-makers-and-unfunded-pension-obligations/comment-page-1/#comment-51884 Ken Thu, 14 Jan 2010 14:46:34 +0000 http://www.john-goodman-blog.com/?p=8293#comment-51884 Larry, maybe we don't really need a head of Medicare. Larry, maybe we don’t really need a head of Medicare.

]]> http://healthblog.ncpa.org/obama-still-lacks-medicare-chief-house-bill-delays-competition-from-generic-drug-makers-and-unfunded-pension-obligations/comment-page-1/#comment-51883 Larry C. Thu, 14 Jan 2010 14:34:31 +0000 http://www.john-goodman-blog.com/?p=8293#comment-51883 It is quite remarkable that there is no head of Medicare. Maybe that makes it easier for the President to propose all those Medicare cuts. It is quite remarkable that there is no head of Medicare. Maybe that makes it easier for the President to propose all those Medicare cuts.

]]>