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House Speaker Nancy Pelosi on Thursday released her much-anticipated drug pricing bill that would allow the government to negotiate drug prices directly with drug manufacturers. Read More
Eli Lilly filed separate suits against the generic manufacturers in 2016 in the U.S. District Court for the Southern District of Indiana, arguing that their ANDAs infringed on its patent. Read More
Nine senators — including eight democrats and one independent — have urged the Federal Trade Commission to “closely scrutinize” AbbVie’s proposed $63 billion merger with Allergan and Bristol-Myers Squibb’s proposed $74 billion merger with Celgene. Read More
Novartis announced Wednesday that it is halting distribution of generic Zantac (ranitidine) globally amid ongoing investigations into ranitidine drugs containing a potential carcinogen. Read More
The FDA features the misuse of petitions to stall generic drug applications in a final guidance issued Wednesday — and spells out how the agency will deal with the petitions. Read More
An FDA advisory committee narrowly voted in favor of GSK’s over-the-counter novel Nicotine Mouth Spray as a nicotine replacement therapy on Wednesday. Read More
“States are in the best position to enter into global settlements and to protect all communities through statewide implementation of policy and ensuring equitable distribution of available funds,” one brief stated. Read More
The draft claims that in just the first year, drugs accounting for nearly half of all Medicare Part D spending would be subject to negotiation. Read More