Thursday, June 5, 2025
VISIT ROYALMOK
Agarwood Times
  • Home
  • Agarwood
  • Health
  • Diseases
  • Diet & Fitness
  • Nutrition
  • Sleep Info
  • Meditation
  • Shop
No Result
View All Result
  • Home
  • Agarwood
  • Health
  • Diseases
  • Diet & Fitness
  • Nutrition
  • Sleep Info
  • Meditation
  • Shop
No Result
View All Result
Agarwood Times
No Result
View All Result

How the Hatch-Waxman Act boosted generic drugs, lowered costs

September 10, 2024
in Health
Reading Time: 2 mins read
0 0
A A
0
Home Health
Share on FacebookShare on Twitter



That is Half 4 of “Behind the Counter,” an in-depth video sequence demystifying the advanced world of patents and drug pricing.

Years in the past, when a brand-name remedy’s patent expired, shoppers needed to wait a very long time for a extra reasonably priced generic model to return to market. However in 1984, a little-known regulation put an finish to that ready interval and paved the best way for the massive amount of generic medication obtainable right now.

The Drug Worth Competitors and Patent Time period Restoration Act of 1984 — also called the “Hatch-Waxman Act” after the 2 legislators who sponsored the invoice — makes it simpler for generic medication to enter the business, together with permitting generic drugmakers to begin analysis and growth on generics previous to the patent expiration of the brand-name drug with out threat of patent infringement. In return, brand-name drugmakers got a patent extension — 5 additional years of market exclusivity on their drug.

However Hatch-Waxman isn’t an ideal regulation. On this video, we clarify how the Hatch-Waxman Act works to increase brand-name drug patent safety and in addition facilitate generic drug market entry, but in addition how it’s restricted in its energy. We additionally cowl different patent extensions which might be used to delay generic drug entry and the methods this could have an effect on shoppers.

STAT’s protection of patent points is supported by a grant from the Commonwealth Fund. Our monetary supporters usually are not concerned in any selections about our journalism.

Behind the Counter

Discover STAT’s video explainer sequence on patents and drug pricing.



Source link

Tags: ActboostedCostsdrugsgenericHatchWaxmanlowered
Previous Post

Biohack: Boost Immunity with Elderberry Extract

Next Post

Should We Be Receiving Mystical Truths on Our Phones?

Related Posts

Diabetes drug shows benefits for patients with liver disease
Health

Diabetes drug shows benefits for patients with liver disease

June 4, 2025
Household environments may affect the likelihood of children developing eczema
Health

Household environments may affect the likelihood of children developing eczema

June 4, 2025
Trump’s Cognitive ‘Decline’ Suggests He ‘Might Not Make It Through Four Years,’ Republican Strategist Says
Health

Trump’s Cognitive ‘Decline’ Suggests He ‘Might Not Make It Through Four Years,’ Republican Strategist Says

June 4, 2025
Monoclonal antibody halves hospitalizations of children younger than 6 months old
Health

Monoclonal antibody halves hospitalizations of children younger than 6 months old

June 3, 2025
Kura Oncology Drug’s Data at ASCO Support FDA Filing Now Under Priority Review for Leukemia
Health

Kura Oncology Drug’s Data at ASCO Support FDA Filing Now Under Priority Review for Leukemia

June 4, 2025
Guidance requiring hospitals to provide emergency abortions revoked
Health

Guidance requiring hospitals to provide emergency abortions revoked

June 4, 2025
Next Post
Should We Be Receiving Mystical Truths on Our Phones?

Should We Be Receiving Mystical Truths on Our Phones?

Exclusive: Hippocratic AI partners with academia to create curriculum for AI use in healthcare

Exclusive: Hippocratic AI partners with academia to create curriculum for AI use in healthcare

Testing for Vitamin B12 Deficiency

Testing for Vitamin B12 Deficiency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

GOP Senator Mocks Constituents’ Concerns of Medicaid Cuts Killing People in Sarcastic Apology Video
Health

GOP Senator Mocks Constituents’ Concerns of Medicaid Cuts Killing People in Sarcastic Apology Video

by admin
June 3, 2025
0

Iowa Sen. Joni Ernst is going through backlash after posting a sarcastic video from a cemetery in response to criticism...

BMS Buys Into BioNTech Bispecific Antibody, Putting Up .5B to Collaborate in Multiple Cancers

BMS Buys Into BioNTech Bispecific Antibody, Putting Up $1.5B to Collaborate in Multiple Cancers

June 3, 2025
Solicitor general urges Supreme Court not to review Oklahoma law on PBMs

Solicitor general urges Supreme Court not to review Oklahoma law on PBMs

May 30, 2025
Saving Lives and Stopping Super Speeders with Intelligent Speed Assistance Technology

Saving Lives and Stopping Super Speeders with Intelligent Speed Assistance Technology

June 1, 2025
Trump’s Cognitive ‘Decline’ Suggests He ‘Might Not Make It Through Four Years,’ Republican Strategist Says

Trump’s Cognitive ‘Decline’ Suggests He ‘Might Not Make It Through Four Years,’ Republican Strategist Says

June 4, 2025
Viz.ai, Novartis partner for AI-powered care for patients with cancer

Viz.ai, Novartis partner for AI-powered care for patients with cancer

June 3, 2025
Facebook Twitter Instagram Youtube RSS
Agarwood Times

Stay informed with the latest news, articles, and insights on agarwood cultivation, history, sustainability, and more. Explore the timeless allure of agarwood and deepen your understanding of this extraordinary natural resource.

CATEGORIES

  • Agarwood
  • Diet & Fitness
  • Diseases
  • Health
  • Meditation
  • Nutrition
  • Sleep Info
  • Uncategorized
No Result
View All Result

SITEMAP

  • About us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Agarwood Times.
Agarwood Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Agarwood
  • Health
  • Diseases
  • Diet & Fitness
  • Nutrition
  • Sleep Info
  • Meditation
  • Shop
VISIT ROYALMOK

Copyright © 2024 Agarwood Times.
Agarwood Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In