March-In Drive Loses a Wheel: Generics Industry Says No to Biden Framework
IPWatchdog » Pharmaceutical
by Joseph Allen
1M ago
In what has to be the unkindest cut of all, those expected to benefit from the proposed misuse of march-in rights so the government can impose drug price controls say they don’t support it either. The proponents promoting this hot house theory have seen it denounced by those who created the Bayh-Dole Act as being unauthorized under their law and seen evidence they can’t refute that it would have little impact on drug prices but would devastate small business entrepreneurs in all fields of federally supported research and development. And now they’ve lost the generic drug industry ..read more
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HELP Committee Grills Pharma Reps on U.S. Drug Pricing Problems
IPWatchdog » Pharmaceutical
by Eileen McDermott
2M ago
The U.S. Senate Committee on Health, Education Labor & Pensions held a hearing today on why the United States pays “by Far, the Highest Prices in the World for Prescription Drugs.” Patents came up throughout the hearing as one barrier to lowering prescription drug prices, while pharmaceutical industry representatives underscored the cost of bringing innovative and life-saving drugs to market and the superior access Americans have to such drugs compared with other countries ..read more
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Biden Admin and U.S. Chamber Clash Over IRA Drug Pricing Impact
IPWatchdog » Pharmaceutical
by Eileen McDermott
2M ago
Today, the U.S. Department of Health and Human Services (HHS) made its initial offers to pharmaceutical companies pursuant to the Biden Administration’s Inflation Reduction Act of 2022 (IRA), which allows the U.S. Government to “negotiate” Medicare drug prices under a set framework based upon the amount of time a drug has spent on the market. Opponents of the program, including the U.S. Chamber of Commerce, which is suing the government over the plan, argue it cannot be characterized as a voluntary negotiation since the affected companies would be subject to onerous excise taxes for refusing t ..read more
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Life Sciences Masters Panelists Warn of IRA Impact on Innovation
IPWatchdog » Pharmaceutical
by Eileen McDermott
6M ago
IPWatchdog’s Life Sciences Masters 2023 concluded today, following three days of panels that tackled some of the most pressing issues facing intellectual property professionals in the life sciences space. In the spotlight was the Biden Administration’s recent passage of the Inflation Reduction Act (IRA) and its potential impact on future drug development in the United States. Prescription drug pricing controls are one aspect of the IRA, a landmark piece of legislation passed by Congress last August that also directs funding to be spent on clean energy projects and increased tax enforcement. Th ..read more
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U.S. Chamber Says Biden Administration is Rushing IRA Drug Pricing Regime Under Cloud of Legal Uncertainty
IPWatchdog » Pharmaceutical
by Steve Brachmann
8M ago
On August 28, officials from the U.S. Chamber of Commerce held a video call to discuss the trade organization’s legal action against the U.S. Department of Health & Human Services (HHS), including a motion for preliminary injunction filed against the HHS last week in U.S. district court. The U.S. Chamber officials noted that the legal uncertainty looming over the HHS’ implementation of drug price control mechanisms under the Inflation Reduction Act (IRA) will cast a significant pall over the Biden Administration’s celebration of the program one year on ..read more
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Generics Advocates Blast UK Patent Proposals in UK-India Trade Deal
IPWatchdog » Pharmaceutical
by Eileen McDermott
8M ago
A letter sent to the United Kingdom’s International Business and Trade Secretary today urged scrapping proposals that health groups say would undermine the generic medicines industry in India. The letter refers to a leaked document that indicates the UK will be asking India to agree to a number of patent provisions as the two countries negotiate a trade deal today ..read more
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NIH Tech Transfer Workshop Underscores Fight to Properly Characterize Federal Drug Pricing Authority
IPWatchdog » Pharmaceutical
by Steve Brachmann
9M ago
On July 31, the National Institutes of Health (NIH) hosted a virtual workshop titled Transforming Discoveries into Products: Maximizing NIH’s Levers to Catalyze Technology Transfer. Public comments submitted to the NIH ahead of the event reflect current tensions between advocates supporting either private commercialization or government pricing control of federally-funded medical breakthroughs commercialized by private companies ..read more
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U.S. Chamber of Commerce Sues HHS Over Constitutional Defects in Inflation Reduction Act’s Medicare Negotiation Program
IPWatchdog » Pharmaceutical
by Steve Brachmann
10M ago
On June 9, the U.S. Chamber of Commerce and several affiliate organizations filed a lawsuit in the Southern District of Ohio raising a series of constitutional challenges to provisions of the Inflation Reduction Act (IRA). At issue in the lawsuit are several statutes granting the U.S. Department of Health & Human Services (HHS) the authority to set prices for Medicare drugs. The U.S. Chamber is challenging a lack of oversight for so-called “negotiation” procedures as well as an onerous excise tax on several grounds, including separation of powers and due process violations ..read more
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Pfizer Rejects Accusations it Infringed COVID-19 Vaccine Assay Technology
IPWatchdog » Pharmaceutical
by La'Cee Conley
10M ago
Pfizer and BioNTech have hit back at Allele Biotechnology and Pharmaceuticals, Inc.’s October 2020 complaint accusing the COVID-19 vaccine manufacturers of infringing Allele’s U.S. patent covering a particular “tag” used to track vaccine in a patient’s blood.... U.S. regulatory approval requires Pfizer and BioNTech to show that their vaccine is safe and effective against SARS-CoV-2 infection. To meet the Food and Drug Administration’s (FDA’s) requirements, Pfizer and BioNTech have been and “continue to be engaged in large scale clinical trials to evaluate, among other things, whether individua ..read more
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Should the Biden Administration Look to Pharma for New USPTO Director?
IPWatchdog » Pharmaceutical
by Steve Brachmann
10M ago
The United States is not even two weeks into the administration of President Joe Biden and it’s likely that the administration’s selection for Director of the U.S. Patent and Trademark Office (USPTO) will not become clear for a few months yet. Many members of the U.S. innovation community, however, are well aware of the high stakes in play with that selection. The tenure of outgoing Director Andrei Iancu was lauded across many sectors of the U.S. patent system, perhaps with the exception of the tech sector. As we consider candidates for the next USPTO head, perhaps we should look to the politi ..read more
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