FDA calls out 39 drug companies for allegedly blocking access to generics

[Free Vulcan]

Johnson & Johnson’s Actelion Pharmaceuticals, Celgene, and Gilead Life Sciences are all potentially blocking generic drug makers from accessing samples of their products, along with three dozen other drug companies — according to new data out Thursday from the FDA intended to publicly shame them for what it calls “gaming tactics.”

The new list, which also includes Novartis, Pfizer, Valeant, and a host of other companies, is part of the Trump administration’s efforts to lower prescription drug prices that kicked off with a presidential address Friday. While broader regulatory and legislative changes must go through a complex and often lengthy process, top health officials have used their bully pulpits this week to call out a number of companies for what they consider bad behavior.

Read more at: https://www.statnews.com/2018/05/17/fda-shames-drug-companies-generics-access/

[RoosGirl]

FDA needs to step off.

[Frank Cannon]

FDA needs to step off.

Well this is all bullshit anyway because the FDA can't do a damn thing about it.

[RoosGirl]

Well this is all bullshit anyway because the FDA can't do a damn thing about it.

Not exactly.  Sounds like the administration (again) trying to strong arm private companies.  I don't like it.

[Frank Cannon]

Not exactly.  Sounds like the administration (again) trying to strong arm private companies.  I don't like it.

LOL. One broads strong arming is another dudes who gives a shit.

[RoosGirl]

LOL. One broads strong arming is another dudes who gives a shit.

Investors' whose stock prices fall because of this shit, like with what happened with Amazon, I bet care a lot.  And I care that the gov't can get away with it.