US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition
Release time：2024-05-21 20:07:11 Source：Stellar Stand 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：Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
- Next：Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
Related articles
- Russian theater director and playwright go on trial over a play authorities say justifies terrorism
- Biden administration announces new student loan cancellations
- Where is the Princess of Wales? The internet knows
- Sudan's war began a year ago. Children are among its most fragile survivors
- French sports minister calls for sanctions after Monaco player tapes over anti
- Sudan's war began a year ago. Children are among its most fragile survivors
- A Palestinian is killed as Israeli settlers rampage in his village and troops fire on stone
- Arizona's near
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Sexual assaults rise in Central African Republic. Wagner, bandits and even peacekeepers are blamed
- US overdose deaths dropped in 2023, the first time since 2018
- Mali's junta bans the media from reporting on political activities in a deepening crackdown
- The bodies of 4 women have been found in a migrant
- The bodies of 4 women have been found in a migrant
- Dodgers acquire pitcher Yohan Ramírez from Mets for cash
- A Palestinian is killed as Israeli settlers rampage in his village and troops fire on stone
- Russian authorities announced mass evacuation for flood
- Russian authorities announced mass evacuation for flood
- Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
- Transitional council in Haiti to choose new leaders is formally established amid gang violence
Random recommendation
- Copyright © 2024 Powered by US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition ,Stellar Stand news portal sitemap