FTC: Delays in Generic Drugs on the Rise

January 17, 2007

(AP) -- Drug companies increasingly are reaching legal settlements that delay the introduction of cheaper generic medicines and cheat Americans of billions of dollars a year in savings, federal regulators on Wednesday told lawmakers seeking to ban the agreements.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

Wyeth sues FDA to block rival generic antibiotic

Sep 23, 2009 | not rated yet | 0

FDA warns Web companies not to sell flavored cigs

Nov 06, 2009 | 5 / 5 (1) | 2

AIDS drug offered free to the Third World

Feb 15, 2006 | 3.8 / 5 (6) | 0

House passes funding for green vehicle research

Sep 16, 2009 | not rated yet | 1

FDA launches plan to curb accidental overdoses

Nov 04, 2009 | not rated yet | 0

Rate this story - not rated yet

rank
1
2
3
4
5

view popular

Other News

Transcendental Meditation helped heart disease patients lower cardiac disease risks by 50 percent

Medicine & Health / Health

6 hours ago | 5 / 5 (5) | 1

Patients with coronary heart disease who practiced the stress-reducing Transcendental Meditation® technique had nearly 50 percent lower rates of heart attack, stroke, and death compared to nonmeditating controls, according ...

Analyzing structural brain changes in Alzheimer's disease

Medicine & Health / Diseases

8 hours ago | 4 / 5 (2) | 0

In a study that promises to improve diagnosis and monitoring of Alzheimer's disease, scientists at the University of California, San Diego have developed a fast and accurate method for quantifying subtle, ...

Oil from biotech soybeans increases key omega-3 fatty acid in humans

Medicine & Health / Health

2 hours ago | not rated yet | 0

Oil from soybeans modified through biotechnology increased levels of omega-3 eicosapentaenoic acid (EPA) in red blood cells according to research presented at the American Heart Association's Scientific Sessions 2009.

Researchers create compound that boosts anti-inflammatory fat levels

Medicine & Health / Research

8 hours ago | 3 / 5 (2) | 1

UC Irvine pharmacology researchers have discovered a way to boost levels of a natural body fat that helps decrease inflammation, pointing to possible new treatments for allergies, illnesses and injuries related to the immune ...

Scientists begin to unravel what makes pandemic H1N1 tick

Medicine & Health / Diseases

8 hours ago | 5 / 5 (2) | 0

As the number of deaths related to the pandemic H1N1 virus, commonly known as "swine flu," continues to rise, researchers have been scrambling to decipher its inner workings and explain why the incidence is lower than expected ...