US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition
Release time：2024-05-21 18:34:58 Source：World Wander news portal
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.
- Previous：Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
- Next：Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
Related articles
- Strictly star Giovanni Pernice's former partner Rose Ayling
- Tottenham clinches Europa League spot with season
- Bukayo Saka misses Arsenal's season
- Juventus appoints Montero as interim coach for final 2 matches after Allegri fired
- Student fatally shot, suspect detained at Georgia's Kennesaw State University
- Ukraine, Russia exchange drone attacks while Russia continues its push in the east
- Q&A: Kevin Costner on unveiling his Western saga 'Horizon' at Cannes
- Emma Raducanu withdraws from French Open qualifying to focus on grass season
- Kristin Cavallari, 37, ignores critics of her age
- Elizabeth Debicki cuts a chic figure in sheer lace blouse as she promotes The Crown in Los Angeles
- Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
- F1 Imola Grand Prix: Max Verstappen holds off Lando Norris to win Emilia Romagna and extend F1 lead
- I'm a farmer... here is what Clarkson's Farm gets WRONG and right
- Iranian president Ebrahim Raisi is seen in eerie photo moments before helicopter crash: Hamas
- Tom Brady and Jay
- Tottenham clinches Europa League spot with season
- United States routs Kazakhstan 10
- United States routs Kazakhstan 10
- Tom Brady and Jay
- Dive team finds bodies of 2 men dead inside plane in Alaska lake
Random recommendation
- Copyright © 2024 Powered by US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition ,World Wander news portal sitemap