Generic Heart Meds Equally Good, Study Finds
A recently released analysis of 9 subclasses
of cardiovascular medications has
found no evidence to support the notion
that brand name drugs used in cardiovascular
disease are superior to generics.
The analysts came to this conclusion
after examining 47 articles reporting peerreviewed
research on these medications.
?This scientific review is the latest in
a growing number of authoritative statements
from the FDA and others proving
that it is safe to substitute an FDAapproved
generic medicine for a brand
name product,? said Kathleen Jaeger,
president of the Generic Pharmaceutical
Association.
The meta-analysis, reported in the
December 3, 2008, issue of the Journal of
the American Medical Association (JAMA),
also revealed that a substantial number
of editorials counsel against the interchangeability
of generic drugs. Among 43
editorials, 23 (53%) expressed a negative
view of generic drug substitution.
Jaeger added that, ?it is noteworthy that
the JAMA article states, ?popular media
and scientific journals could choose to be
more selective about publishing perspective
pieces based on anecdotal evidence
of diminished clinical efficacy or greater
risk of adverse effects with generic medications.
Such publications may enhance
barriers to appropriate generic drug use
that increase unnecessary spending without
improving clinical outcomes.??
Canada Sees Big Savings with Generics . . .
A new report from the Canadian Competition
Bureau estimates that up to $800
million a year would be saved if generic
drugs were sold in a more competitive
market.
The study, ?Benefiting from Generic Drug
Competition in Canada: The Way Forward,?
states that the savings will only grow as several
blockbuster brand name drugs come
off patent in the next 3 years and become
available in generic versions. ?Our report
provides a timely prescription for change,?
noted Sheridan Scott, Commissioner of
Competition. ?Our study suggests ways to
make the generic drug market work better
for consumers, businesses, and governments,
so we can all get the most value for
our health care dollars.?
Data Exclusivity Period Could Be Cut by Half
An analysis by a former senior advisor to
the House Ways and Means Committee
has found that 7 years is enough time to
grant biologics manufacturers before biogenerics
can come to market, rather than
the 14 years currently supported by the
Biotechnology Industry Organization.
The study by Alex Brill, currently a
research fellow at the American Enterprise
Institute, was commissioned by Teva
Pharmaceuticals USA. ?Alex Brill?s findings
inject a new and much-needed perspective
on the debate around data exclusivity
and biogenerics,? said William Merth,
president and chief executive officer of
Teva North America. ?This work underscores
the importance of finding the balance
needed to appropriately reward biologics
innovators while maximizing health
care savings.?
. . . And European Commissioner Wants More Competition
Neelie Kroes, the European Commissioner
for Competition Policy, says that competition
in the pharmaceutical sector does not
work as well as it should.
In releasing a preliminary report on
the subject in November, she identified
3 practices most responsible for delaying
or blocking market entry of competitors:
patent clustering, a large number of
litigation cases over patents; and patent
settlements that constrain market entry of
generic companies.
The report also notes that in 1 year following
entry by generic medicines, prices
are almost 20% lower, and 25% lower
after 2 years; in a rare number of cases,
prices can drop as much as 80% to 90%.
The final report is expected this spring.
Follow-on Biologics Focus of FTC Roundtable
The Federal Trade Commission (FTC)
recently hosted a roundtable discussion
to address issues of competition and continued
innovation under a framework for
follow-on biologic drugs, a move many
stakeholders see as evidence of growing
momentum to establish a pathway for
biogenerics.
Panelists on the roundtable included
representatives of the FDA, insurers,
generic and brand name drug manufacturers,
and academia, among others.
?Increased competition in the biologics
market will benefit health plans,
employers, and federal programs, and
more importantly, will help make specialty
medicines more affordable for
patients, many of whom must take these
medicines their entire lives,? said Dave
Golding, RPh, executive vice president
for specialty pharmacy services at CVS
Caremark, and one of the roundtable
participants. ?We support the creation
of a federal legislative pathway for FDA
approval of these medicines to provide
access and savings to patients and
payers.?