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FTC warns pharma companies about sham patent listings designed to delay generics

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Re: FTC warns pharma companies about sham patent listings designed to delay generics

#3
I followed Lina Kahn (FTC chair) on Twitter before Biden appointed her, and I was kind of blown away that it happened. She had a very clear philosophical opposition to a lot of the way things are done in this country.

And I mean, I followed her because I agreed! But my preferences are not mainstream. Amazing to see her slinging rocks at giants from this position.

Re: FTC warns pharma companies about sham patent listings designed to delay generics

#6

I followed Lina Kahn (FTC chair) on Twitter before Biden appointed her, and I was kind of blown away that it happened. She had a very clear philosophical opposition to a lot of the way things are done in this country. And I mean, I followed her because I agreed! But my preferences are not mainstream. Amazing to see her slinging rocks at giants from this position.

Biden's had a number of appointments that have been surprisingly on point. I really like how antitrust enforcement is finally, FINALLY getting some teeth.

Re: FTC warns pharma companies about sham patent listings designed to delay generics

#7

I followed Lina Kahn (FTC chair) on Twitter before Biden appointed her, and I was kind of blown away that it happened. She had a very clear philosophical opposition to a lot of the way things are done in this country. And I mean, I followed her because I agreed! But my preferences are not mainstream. Amazing to see her slinging rocks at giants from this position.

Maybe it was her surname. This "hipster antitrust" approach is a nice smoke screen big pharma needs. India and other countries already make generics, there is no need to wait several years for US manufacturers. FTC is just a road block that prevents cheap medical imports.

Re: FTC warns pharma companies about sham patent listings designed to delay generics

#8

I followed Lina Kahn (FTC chair) on Twitter before Biden appointed her, and I was kind of blown away that it happened. She had a very clear philosophical opposition to a lot of the way things are done in this country. And I mean, I followed her because I agreed! But my preferences are not mainstream. Amazing to see her slinging rocks at giants from this position.

Maybe it was her surname. This "hipster antitrust" approach is a nice smoke screen big pharma needs. India and other countries already make generics, there is no need to wait several years for US manufacturers. FTC is just a road block that prevents cheap medical imports.

Is it really though. Even with the current level of regulation we have more than enough scandals with, say, artificial tears that blinded people who used them.

Re: FTC warns pharma companies about sham patent listings designed to delay generics

#9
As much as I'd love to see ridiculous parent laws in medicine get under control, I have very little confidence that Lina Kahn would accomplish anything. She doesn't have a great track record. You really need someone with a good background in patent law specifically for pharmaceuticals to take this on

Re: FTC warns pharma companies about sham patent listings designed to delay generics

#10
post #4

[flagged]

Key phrase from the first paragraph: > ... FTC is now warning pharma that it might finally start cracking down. Sounds like a fishing expedition.

Regulatory agencies have a knack for warning market players to clean up their act before stepping in.
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