Current location:business >>
US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition
business3172People have gathered around
IntroductionWASHINGTON (AP) — Federal regulators are challenging patents on 20 brand name drugs, including the b ...
WASHINGTON (AP) — Federal regulators are challenging patents on 20 brand name drugs, including the blockbuster weight-loss injection Ozempic, in the latest action by the Biden administration targeting industry practices that drive up pharmaceutical prices.
The Federal Trade Commission on Tuesday sent warning letters to 10 drugmakers, taking issue with patents on popular drugs for weight loss, diabetes, asthma and other reparatory conditions. The letters allege that certain patents filed by Novo Nordisk, GlaxoSmithKline, AstraZeneca and seven other companies are inaccurate or misleading.
Brand-name drugmakers use patents to protect their medicines and stave off cheaper, generic medicines. Most blockbuster drugs are protected by dozens of patents covering various ingredients, manufacturing processes and intellectual property. Generic drugmakers can only launch their own cheaper versions if the patents have expired or are successfully challenged in court.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Earthly Exploits news portal”。http://costarica.highlanderdistrict.org/news-28f999007.html
Related articles
Weather forecasters warn Pakistanis to stay indoors ahead of new heat wave
businessISLAMABAD (AP) — Authorities in Pakistan on Tuesday urged people to stay indoors as the country is h ...
【business】
Read moreJustin Steele returns from hamstring injury as Cubs take on Padres
businessCHICAGO (AP) — When Justin Steele got hurt on opening day, the big question for the Chicago Cubs cen ...
【business】
Read moreDonald Trump calls Joe Biden weak on antisemitism, ignoring his own rhetoric
businessNEW YORK (AP) — Donald Trump is accusing Joe Biden of offering a weak response to antisemitism, wiel ...
【business】
Read more
Popular articles
- Juneteenth proclaimed state holiday again in Alabama, after bill to make it permanent falters
- No, France did not deploy troops to fight with Ukraine against Russia
- Here's where Biden and Trump stand on 10 key issues
- GOP secretary of state who spoke out against election denialism wins JFK Profile in Courage Award
- Mariachis. A flame
- What's making me bruise so easily from the slightest knock? ASK DR MARTIN SCURR
Latest articles
Syrian first lady Asma Assad diagnosed with leukemia, president's office says
Dodgers place Kelly on injured list. Buehler activated to make first start in 2 years
Happy birthday Archie! As the young royal turns five today
Sports betting roundup: Betting the under works in hockey Game 7s while basketball goes over
Serie A champion Inter facing a nervous wait as deadline passes for loan repayment to Oaktree
A US company is fined $650,000 for illegally hiring children to clean meat processing plants
LINKS
- China take men's, women's doubles titles at WTT Saudi Smash
- Ant sets the record straight: TV star breaks his silence on THAT tattoo
- Leicester City are CHAMPIONS! Foxes secure Championship title after they beat Preston 3
- Jeff Daniels feared THAT toilet scene in 1994's Dumb And Dumber would 'end' his acting career
- Chinese comedy 'The Last Frenzy' still tops Chinese box office
- Former adviser to Nigel Farage who had four
- 2 dead and 5 missing after a boat collision on the Danube River in Hungary
- Interior Design Masters final crowns Rosin the winner with her VERY colourful holiday lodge re
- Neymar left off Brazil's squad for Copa America
- Haiti violence: Haitians struggle to bury loved ones as killings surge