US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition
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.
Related articles
What's causing the catastrophic rainfall in Kenya?
NAIROBI, Kenya (AP) — The torrential rains and deadly floods that have hit Kenya since March have be2024-05-01Tennessee schools would have to out transgender students to parents under bill heading to governor
NASHVILLE, Tenn. (AP) — Tennessee would join the ranks of states where public school employees have2024-05-01Budimir misses unforgettable last
PAMPLONA, Spain (AP) — Ante Budimir missed what may be the worst penalty kick of his career and his2024-05-01Tennessee lawmakers pass bill to involuntarily commit some defendants judged incompetent for trial
NASHVILLE, Tenn. (AP) — Tennessee’s Republican-led Legislature unanimously passed a bill Monday that2024-05-01Box office: ‘Challengers’ scores with $15 million in ticket sales
The sexy tennis drama “ Challengers ” won the box office this weekend with $15 million in ticket sal2024-05-01Steve Sloan, former coach and national title
ORLANDO, Fla. (AP) — Former college coach and administrator Steve Sloan, who played quarterback and2024-05-01
atest comment