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Strange Bedfellows: Generics Firms Join Big Pharma In Opposing US Price Negotiation Legislation

 
• By Cathy Kelly

Concerns that Medicare drug price negotiation provisions in the Build Back Better legislation would upend the US generic and biosimilar industries might resonate with legislators more than complaints from branded drug companies.

The Innovator And Off-Patent Sectors Are Often Not On The Same Side • Source: Alamy

Marketers of generic drugs and biosimilars have joined the US fight against provisions in the Build Back Better bill that would empower the Health and Human Services Department to negotiate the prices of certain high-cost, single source drugs that have been on the market long enough for their initial period of exclusivity to expire.

Generic drug and biosimilar makers are worried that the negotiation framework envisioning discounts of at least 25% to 60% on older brands would make those drugs less attractive targets for generic or biosimilar competition because the gap between the prices of innovator products and follow-ons could be substantially smaller

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More from Generics Bulletin

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