New York Passes Legislation To Manufacture Own Generic Drugs

The Legislation Also Covers Pay-For-Delay Agreements, Wholesale Drug Importation, And More

If signed into law, New York will follow in California’s footsteps and become the second state to seek its own drug manufacturing opportunities to improve accessibility and affordability.

New York State Flag With US Flag
The legislation aims to address the current drug affordability crisis • Source: Shutterstock

The New York State Senate has passed legislation in a bid to make prescription drugs more accessible and affordable for New Yorkers. The proposed legislation includes the “New York State Affordable Drug Manufacturing Act” that allows NYS to pursue its own manufacturing or partnering opportunities with like-minded states to reduce costs and drug shortages.

More from Policy & Regulation

Medicines For Europe Sets Out Vision For Biosimilars Reforms

 
• By 

Four key areas for policy reform were identified by industry association Medicines for Europe at its biosimilars conference in early April, as sector chair Isabell Remus set out the importance of removing barriers to biosimilar competition.

Biosimilars Industry Buoyed By EMA Paper On Reducing Clinical Trials

 
• By 

The EMA’s latest move towards a more streamlined process for biosimilar registration in Europe was the hottest topic at last week’s annual biosimilars conference held by Medicines for Europe in Amsterdam. Generics Bulletin discusses the new draft reflection paper and its significance for industry, reports on reactions from the event, and reveals the next steps unveiled by EMA officials.

Key FDA Officials From Generics And Biosimilars User Fee Programs Laid Off, Said AAM

 

Off-patent drug trade groups expressed their concerns that personnel and expertise cuts will affect the agency’s ability to review and approve generics and biosimilars.

Japan Pushes Generic Industry Reforms Via New Govt Fund

 
• By 

Amid ongoing generic drug supply problems, Japan's government is to set up a new fund to support corporate investments geared towards manufacturing and consolidation.

More from Generics Bulletin

Samsung Rolls Out Second US Soliris Biosimilar – At 30% WAC Discount

 
• By 

Samsung Bioepis and Teva have provided clarity on the pricing of their Epysqli biosimilar to Soliris in the US, as the firms launched only the second rival to the rare diseases treatment.

Biosimilars Industry Buoyed By EMA Paper On Reducing Clinical Trials

 
• By 

The EMA’s latest move towards a more streamlined process for biosimilar registration in Europe was the hottest topic at last week’s annual biosimilars conference held by Medicines for Europe in Amsterdam. Generics Bulletin discusses the new draft reflection paper and its significance for industry, reports on reactions from the event, and reveals the next steps unveiled by EMA officials.

Teva Crib Sheet Reveals Uzedy, Lenalidomide Expectations Ahead Of Q1

 
• By 

Teva is charting a new course under its ‘Pivot to Growth’ strategy, providing a memory aid for investors to better understand the firm’s financials going into 2025.