Costly Gadgets: Barriers to Market Entry and Price Competition for Generic Drug-Device Combinations in the United States (Seminar with Michael S. Sinha)

Activity: Participating in an event - typesParticipation in workshop, seminar, course

Timo Minssen - Organizer

Marcelo Corrales Compagnucci - Organizer

Prescription drug prices continue to rise unabated in the United States, largely due to a system that allows brand-name drug makers to charge whatever the market will bear. Some of the costliest pharmaceuticals in the United States—both by price and by total expenditure—are drugs that require a drug delivery device for proper use. Examples include respiratory inhalers, immunologic drugs, opioid overdose reversal drugs, patches for chronic pain, emergent anaphylaxis treatments, and insulin products. One of the ways manufacturers have successfully extended market exclusivity on such combination products is by pursuing “tertiary patents” on the device component of the product.

Once all patents have expired on a drug-device combination, generic entry has been made complicated by the FDA’s strict standards for approving “complex generic” products via the Abbreviated New Drug Application (ANDA) pathway. These additional requirements have proven particularly onerous for some generic firms, and given such obstacles to complex generic approval via the ANDA pathway, many companies have turned to an arguably more straightforward path to compete with drug-device combinations that have expired patents: the 505(b)(2) new drug approval (NDA) pathway.

This presentation takes the following format: (1) a detailed explanation of the various challenges to generic competition in combination products; (2) a description of the FDA’s complex generic ANDA approval process and experience to date; (3) three empirical case studies that provide real-world perspective to these market inefficiencies; and (4) proposed solutions for Congress, the FDA, and other key stakeholders as they attempt to address the high cost of pharmaceutical-device combinations in the United States.
14 Jan 2022

Seminar

SeminarCostly Gadgets: Barriers to Market Entry and Price Competition for Generic Drug-Device Combinations in the United States (Seminar with Michael S. Sinha)
LocationCeBIL, University of Copenhagen
CountryDenmark
CityCopenhagen
Period14/01/202214/01/2022
Internet address

ID: 288728411