Policies & Legislation

China eases generic medicine import laws

Home/Policies & Legislation | Posted 20/09/2019

China has revised its drug administration laws to allow the import and sale of small quantities of generic drugs which are not approved in China.

Praise for Canada’s BC after it adopts biosimilar transitioning policy

Home/Policies & Legislation | Posted 06/09/2019

The Canadian Biosimilars Forum and Green Shield Canada have publicly commended the government of the province of British Columbia (BC) for announcing that it will implement biosimilar transitioning [1]. Here, patients will transition in a controlled manner from using a reference biological drug to its biosimilar. In their announcement, the Forum believes that BC will make big savings that will allow increased access to existing therapies and faster access to new medicines.

China audits drug companies

Home/Policies & Legislation | Posted 23/08/2019

In June and July 2019, China embarked on an audit of 77 major pharmaceutical companies, including the local arms of Sanofi, Eli Lilly & Co and Bristol-Myers Squibb Co. This action was undertaken after one of its largest listed drug manufacturers overstated its cash position by US$4.3 billion. The announcement called an index of healthcare companies traded in Shanghai and Shenzhen to fall by 1.8%.

IPRP expands and all EU Member States now included in EU-US MRA

Home/Policies & Legislation | Posted 16/08/2019

During the June 2019 International Pharmaceutical Regulators Programme (IPRP) management committee meeting in Amsterdam, The Netherlands, it was announced that Iran’s National Regulatory Authority (NRA) and Argentina’s National Administration of Drugs, Foods and Medical Devices (ANMAT – Administración Nacional de Medicamentos, Alimentos y Tecnología Médica) have joined the IPRP. There are now 26 members of IPRP.

Bill introduced in US to cut insulin prices

Home/Policies & Legislation | Posted 09/08/2019

Co-Chair of the Senate Diabetes Caucus, Senator Jeanne Shaheen, announced on 22 July 2019 the introduction of new legislation to combat rising insulin prices.

Bipartisan bill aims to reduce healthcare costs in the US

Home/Policies & Legislation | Posted 02/08/2019

Senators Lamar Alexander and Patty Murray recently introduced the ‘Lower Health Care Costs Act of 2019’. The bipartisan bill includes 54 different proposals from 65 senators (36 Democrats and 29 Republicans), all aimed at lowering the cost of health care.

US FDA acts to improve transparency and predictability for new generics applications

Home/Policies & Legislation | Posted 26/07/2019

On 18 June 2019, the US Food and Drug Administration (FDA) released a ‘Statement on a new effort to improve transparency and predictability for generic drug applicants to help increase timely access to high quality, lower cost generic drugs’. Here, the agency outlines that, to facilitate American patients’ access to lower-cost generic medicines, they are taking steps to enhance and streamline the development and approval process of high quality generic drugs.