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November 21, 2014

Recent Stories of Interest

From Drug Benefit News - As payers anticipate the final wave of patent expirations and generic launches in the U.S., their expectations were somewhat deflated this month when Ranbaxy Laboratories Ltd. disclosed that the FDA revoked its tentative approval to market generic Nexium (esomeprazole magnesium) as early as this year. But in an interesting turn of events, Ranbaxy is now suing the federal agency that rescinded its provisional approvals to launch that drug and a generic version of Roche Holding’s antiviral drug Valcyte (valganciclovir hydrochloride). Read more

The “generic wave” peaked in 2012 when roughly $32 billion worth of… Read more

During recent conference calls to discuss third-quarter 2014 earnings, the three large… Read more

After issuing draft guidance in September for Medicare Part D sponsors on… Read more

From the Editor

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November 21, 2014
Senate Introduces Legislation to Address Generic Price Increases in Medicaid

Sen. Sanders unveils a bill requiring generic drugmakers to pay Medicaid extra rebates if prices outpace inflation. http://tinyurl.com/l3oybn7

November 20, 2014
Global Drug Spend Will Rise 30% by 2018

IMS Health report predicts 30% increase in global spending on medicines by 2018, to $1.3 trillion. Specialty drugs will contribute 40% of the growth, and almost 200 new drugs are expected to launch in the next five years. http://tinyurl.com/opsxpwm

November 18, 2014
Ranbaxy Sues FDA for Revoking Generic Approvals

Ranbaxy sues FDA for rescinding tentative approvals to launch generic versions of Nexium, Valcyte: http://tinyurl.com/pkcvqgo

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