FDA names and shames drug makers to encourage generic competition [CNBC]
New York Times Company (The) (NYT)
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Source: CNBC
Pharmaceutical companies that spend billions of dollars to develop new drugs do not want competitors to profit from inexpensive generic copies of blockbuster medicines. To avoid rivals, they fight for patent extensions, seek new uses for old products and, sometimes, prevent generic drug companies from obtaining samples. Dr. Scott Gottlieb, the commissioner of the Food and Drug Administration, calls this gaming the system, and has vowed to stop it as part of the government's campaign to lower drug prices. On Thursday, the F.D.A. took a new tack and began posting a list of makers of brand-name drugs that have been the target of complaints, to persuade them to end the shenanigans, in the commissioner's words. More from the New York Times: Drug companies 'shenanigans' to block generic come under federal scrutiny 6 takeaways from Trump's plans to try to lower drugs prices Teva settles cephalon generics case with FTC for $1.2 billion Dr. Gottlieb calls it transp
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