Generics cos in the cold as big pharma has its way in US

Generics cos in the cold as big pharma has its way in US

economictimes.indiatimes.com

WASHINGTON: The massive US Senate healthcare reform measure passed on Thursday with support from the multibillion drug industry, but makers of
cheaper generic rivals are feeling left out in the cold. Generic drugmakers face several obstacles in the bill backed by Democrats that they worry will dampen a potential increase in use even as more people gain access to health insurance and prescription medicines.

The hurdles include extensive protections against generic versions of pricey biotech med

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I remember several months back when Obama managed to get the drug companies on board with his health care plan. I was wondering how he managed to do it, and now I know why. What we are seeing here is the way this administration writes it policy, in favor of the the large companies who keep there top people rich. Way to go Obama.

economictimes.indiatimes.com
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