Senators Take Aim At Authorized Generics

Law360, New York (July 21, 2006, 12:00 AM EDT) -- Three U.S. Senators introduced a bill Thursday that would prohibit brand-name drugmakers from marketing generic versions of their drugs, claiming the practice undermines competition and runs contrary to congressional intent for generic market exclusivity.

"Authorized generics are wolves in sheep's clothing, and when big drug companies push them onto the market, they undermine competition and raise prices for millions of Americans who struggle with high drug costs," said bill co-sponsor Sen. Charles Schumer (D-N.Y.). "When it comes to lowering drug prices, authorized generics are like a...
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