A group of 29 nonprofit organizations filed a letter with the FDA calling on them to foster the development of a robust biosimilars market, which would ultimately reduce prescription drug costs and provide patients with access to more affordable therapies. The letter is available online.
ACI filed comments regarding the Federal Trade Commission’s (FTC) role in protecting consumer privacy and security and ensuring the competitiveness of U.S. markets while not imposing unnecessary costs on private parties or governmental processes. The filing can be downloaded here.
A large group of organizations are calling on Congress to remove regulatory barriers in order to allow generic drug makers to have access to brand name drugs for FDA testing and approval. The bill would encourage competitive entry once brand name drug patents have expired, permitting new rivals to provide lower cost drugs to doctors […]
We have survived the slow exodus of 1990s linear TV into today’s bushel of disappointing niche channels over-stuffed with adverts. We were not careful when we said yes to 500 channels. For most consumers, less than a dozen channels from our set top box are welcomed enough to be part of a “Pay TV” subscription. […]
The House and Senate are considering legislation to speed entry of generic competition into the market as a means to provide greater patient access and lower prescription costs for consumers. The Senate and the House coalition letter are available online. Simply put, what the CREATES Act represents is a market-based way that contributes to giving […]
Twenty-one nonprofit groups submitted a letter to members of Congress asking them to be mindful of using a competitive bidding process when considering appropriations and legislation related to revitalizing the Nation’s aging infrastructure. By one estimate, open competition rules would save the federal government hundreds of billions of dollars. The coalition letter is available online.
The CREATES Act, if enacted, would remove industry entry barriers, encourage market competition, bring lower cost drugs to market, and benefit patients. The following is the coalition letter send to the Senate Judiciary Committee (click here for a printable version): ————– July 12, 2016 The Honorable Chuck Grassley The Honorable Patrick J. Leahy Committee on the Judiciary United States Senate 224 […]
About thirty years ago, generic (unbranded) drugs were first approved by the Federal Drug Administration (FDA) for use by patients. These drugs provided competitive alternatives to more expensive name branded pharmaceuticals, and this competition saved consumers $1.68 trillion (not billion) over the last decade, according to the FDA’s Deputy Commissioner. Lower prices from these alternatives […]
With the FCC thinking of imposing new regulations that would require all households to have a new cable box, it is worthwhile reviewing how consumers are already getting competitive choice in video entertainment without extra government help. Today consumers’ communications choices are like mosaic tiles in a box. Consumers can pick any grouping that suits […]
The 15 million enrolled in the biggest Medicare part D plans will face average premium hikes of 8% in 2016. The increase in 2014 was 11%. These increases are enough to provoke consumer grumbling about prices, but consumers are not actually overwhelmed by prescription drug costs, yet. Instead, they fear that prescription drugs for a […]