Skip to: Content
Skip to: Site Navigation
Skip to: Search
« Back to the grid | Next story »

Big Pharma Loses Generic Drug Fight

Posted May 17, 07 10:23 AM CDT in Business,  Science & Health 

(Newser) – Congress and the White House have agreed to give developing nations more access to affordable generic drugs by easing some patent enforcement rules. Tucked into a broader trade agreement passed last week, the provision is the first blow to American pharmaceutical companies since the Democrats won control of Congress, the Wall Street Journal reports.

But it's not likely to be the last. Democrats also want to legalize imports of cheaper drugs from Canada, and rewrite Medicare rules to allow the government to negotiate prices for drugs.

Source Wall Street Journal

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Congress: No More Scribbled Scrips, Doc

    Jun 12, 08 4:29 PM CDT
    Congress: No More Scribbled Scrips, Doc Senators from both sides of the aisle are pushing doctors away from their prescription pads and towards electronic prescribing, the Chicago Tribune reports. Politicians and lobbyists hope the new system will cut down on mis-filled prescriptions and harmful, but avoidable, drug interactions. More »

  • Generics Curb Rise in Drug Costs

    Aug 8, 07 6:37 PM CDT
    Generics Curb Rise in Drug Costs Scores of prescription drugs are getting cheaper, as name-brand patents expire and open the door to generic imitators. That's bad news for pharmaceutical companies, the Times reports, but it means that an aging population ever more reliant on drugs will be paying as much as 80 percent less for them. More »

  • Diabetes Drug Ups Heart Risk

    May 21, 07 3:15 PM CDT
    Diabetes Drug Ups Heart Risk A popular diabetes drug may increase heart attack risks, a study reported in the New England Journal of Medicine concludes. Patients who took Avandia, which treats Type 2 diabetes, were 43% more likely to have a heart attack than those who took a placebo, the Cleveland Clinic study found. More »

  • Psych Drugs Drove Kid Crazy

    May 18, 07 9:44 PM CDT
    Psych Drugs Drove Kid Crazy The careless prescription of anti-psychotic drugs, often by psychiatrists who draw pay checks from the companies who make them, has drawn attention in the New York Times recently. Now Ann Bauer, writing in Salon, draws an intimate portrait of the effects of such carelessness on one autistic teenager, who turned from shy chess nerd to psychotic bruiser. More »

  • Doctors Paid Millions To Use Anemia Drugs

    May 9, 07 8:34 AM CDT
    Doctors Paid Millions To Use Anemia Drugs Doctors are paid millions of dollars by drug companies to give their patients anemia medicine which regulators now say may be dangerous. Spurred by competiton between several similar drugs, companies reward doctors with rebates, which allow them to make a significant profit, the New York Times reports. More »

'   (Associated Press)
« Prev« Prev | Next »Next » Slideshow

Threads (
1
 of 1)

Tags

health • drugs • health care • medicine • prescription drugs • pharmaceutical companies • Medicare • pharma


Loading...

Today's Most Popular

Loading...
SPONSORED NEWS ARCHIVE

Bask: NBA star Iverson traded from Nuggets to Pistons (AAP Sports News (Australia))

SOLDIER TRADES FOOTBALL ASPIRATIONS FOR ARMY CAREER (US Fed News Service, Including US State News)

Multifamily housing site trades, despite challenging Texas market.(NATIONAL... (Real Estate Weekly)

SEC FILES INSIDER TRADING CHARGES AGAINST MARK CUBAN (US Fed News Service, Including US State News)

WIPO: Inventors in Great Britain Develop Trading Derivative Securities (US Fed News Service, Including US State News)

VOA NEWS: ASIAN MARKETS TRADING LOWER, EUROPEAN STOCKS GAIN GROUND (US Fed News Service, Including US State News)

HILLARY HAS "ZERO" INTEREST IN TRADING SENATE SEAT FOR A JOB IN OBAMA ADMINISTRATION (The Hindustan Times)

Insider trading rap for Cuban? (The Pantagraph Bloomington, IL)

TD Bank will report credit trading losses (Bangor Daily News Bangor, ME)

The Commodity Futures Trading Commission.(Brief article)(Book review) (Reference & Research Book News)


Other Home Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »