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
Rishi Sunak to apologise for worst treatment disaster in NHS history
Rishi Sunak will apologise to infected-blood victims today, as a devastating report blames successiv2024-05-21'It's Rory Delass!' Republic of Ireland's Megan Campbell wows fans with her catapult 38
Football fans have been left stunned by Republic of Ireland women's player Megan Campbell and her ca2024-05-21Jeffrey Dean Morgan cuddles up to Hilarie Burton as loved
Jeffrey Dean Morgan cuddled up to Hilarie Burton as the loved-up couple led the stars at the AMC Net2024-05-21ULTIMATE GRAND NATIONAL GUIDE: Mail Sport's expert gives his verdict on all 34 runners
The £1million Randox Grand National is the biggest race of the British jumps season and one of the m2024-05-21Judge blocks Biden administration from enforcing new gun sales background check rule in Texas
AUSTIN, Texas (AP) — A federal judge has blocked the Biden administration from enforcing a new rule2024-05-21Kylie Minogue looks effortlessly chic in a pink silk co
Kylie Minogue looked effortlessly chic as she stepped out on Wednesday for a night on the town at Lo2024-05-21
atest comment