US Senators place blame for sky-high drug prices on abuse of the patent system
Democrats and Republicans accused drug-makers of taking advantage of patents to keep cheaper competition off the market.
#patent #access2meds #healthcare #drugs #uslaw #uspol #evergreening #competition
The drug industry’s top lobbying group faced fierce questioning at a Senate Judiciary Committee hearing on Tuesday that explored whether abuse of the patent system is responsible for keeping prescription drug prices sky-high in the United States.
These companies get billions in research subsidies, invaluable government patent privileges, and near-total freedom to abuse the patent system with #evergreening:
https://pluralistic.net/2023/11/23/everorangeing/#taste-the-rainbow
The most amazing things about monopolies is how the contempt just *oozes* out of them. It's like these guys can't even *pretend* to give a shit. You want guillotines? Because that's how you get guillotines.
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In service to that end, pharma companies have perfected a process called #evergreening, where they dribble out ancillary patents after their initial filing, covering minor reformulations, delivery systems, or new uses.
Evergreening got a moment in the public eye earlier this year, with #JohnGreen's viral campaign to shame #JohnsonAndJohnson out of using evergreening to restrict poor countries' access to #TB medication:
https://armandalegshow.com/episode/john-green-part-1/
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There's plenty wrong with this argument. For one thing, pharma companies use their monopoly winnings to sell drugs, not invent drugs. For every dollar pharma spends on research, it spends three dollars on marketing:
And that "R&D" isn't what you're thinking of, either. Most R&D spending goes to "#evergreening" - coming up with minor variations on existing drugs in a bid to extend those patents for years or decades:
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3680578/
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“Evergreening” refers to the practice by pharmaceutical companies of making small changes to a drug, often about to come off patent, in order to gain a new patent that extends its manufacturer’s mo…
Techdirt has been writing about evergreening — making small changes to a drug, often about to come off patent, in order to gain a new patent that extends its manufacturer’s control over it &#…
Reading my new #JohnsHopkins colleague #RaviGupta's paper on new drug formulations in #JAMAHealthForum
https://pubmed.ncbi.nlm.nih.gov/35977259/
Levels of devious #pharma and clever data
Devious + #NewToMe: #Evergreening #ProductHopping
Super Cool #data: #DrugInnovativeness and #Prescrire
In this cross-sectional study of novel drugs in tablet or capsule form approved by the FDA between 1995 and 2010, manufacturers pursued new formulations of best-selling brand-name drugs and those granted accelerated approval but did so less frequently once generic competitors entered the market. Oth …