REUTERS: U.S. Senator Bernie Sanders this week urged regulators to allow pharmacies and manufacturers to resume distributing unbranded, lower-cost versions of a drug used to treat a rare neuromuscular disorder, according to a letter provided by his office to Reuters.
Before the launch of Firdapse, patients were able to get the same drug for free from Jacobus Pharmaceuticals, a small New Jersey-based drug company, which offered it through an FDA program called"compassionate use." FDA spokeswoman Jennifer Rodriguez, in an emailed statement, said the FDA has received the letter and will respond directly to the senator. HHS also said it has received the letter and will respond.
"Catalyst may be the most recent company to exploit their monopoly after receiving FDA approval for an inexpensive old drug, but they were certainly not the first," Sanders said in the letter.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senator Sanders urges FDA to allow older versions of US$375K drugU.S. Senator Bernie Sanders this week urged regulators to allow pharmacies and manufacturers to resume distributing unbranded, lower-cost versions ... But that's *less profitable!* Arrrgh...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US senators tell drug company executives pricing is 'morally repugnant'Seven drug company executives will testify about rising prescription drug prices before a powerful U.S. Senate Committee on Tuesday, marking a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US FDA proposes new regulations for over-the-counter sunscreensREUTERS: The U.S. Food and Drug Administration said on Thursday two of the 16 currently used main chemical ingredients in over-the-counter ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US Senators launch bipartisan probe into rising insulin pricesWASHINGTON: Two top U.S. senators launched an investigation into rising insulin prices on Friday, sending letters to the three leading ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US senators press for Huawei to be excluded from solar power marketA bipartisan group of senators on Monday urged the U.S. government to block Huawei Technologies Co Ltd from supplying solar energy generators just ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Pharma stocks could see turbulence from US Senate drug-price hearingU.S. healthcare stocks could face more turbulence on Tuesday, after a bumpy early 2019, as top executives from some of the largest pharmaceutical ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
GE sells biopharma drug business to Danaher for US$21.4 billionGeneral Electric Co said on Monday it would sell its biopharma business to Danaher Corp for US$21.4 billion, as the U.S. industrial conglomerate ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US' Mike Pompeo urges India, Pakistan to avoid military actionWASHINGTON (REUTERS) - US Secretary of State Mike Pompeo spoke separately with the foreign ministers of India and Pakistan and urged them to avoid 'further military activity'following an air strike by India inside Pakistan.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Senators tell drug company executives pricing is 'morally repugnant'Seven drug company executives will testify about rising prescription drug prices before a powerful U.S. Senate Committee on Tuesday, marking a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Wall St dips at open as US-North Korea summit ends early[NEW YORK] Wall Street's main indexes opened slightly lower on Thursday after a US-North Korea summit ended abruptly without a deal, but losses were limited as data showed the American economy slowed less than expected in the fourth quarter. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »