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Diverse Coalition of Purchasers Respond to BIO CEO Fly-In: There is Another Side to The Story
Date:4/16/2008

timely resolution to patent disputes and

prohibits frivolous suits that restrict access to biogenerics and

delay competition in the marketplace.

6. Creates a balanced process that encourages innovation by both brand

and generic companies and expands access to prescription medications

for consumers.

7. Does not create a system of endless monopoly pricing and no

opportunity for competition to enter the marketplace.

The following is the text of the latest CCPM ad:

What If Patients Had Wings?

Executives from the multi-billion dollar pharmaceutical and biotech

industry are descending on Congress...flying to Washington to make sure

their monopolies are protected.

Meanwhile countless Americans are struggling to pay for high-priced

biopharmaceutical medicines.

These patients can't fly to Washington on their own, but they are making

their voices heard.

Numerous organizations representing patients, seniors, consumers, labor,

and businesses support legislation to establish a workable approval

pathway for biogenerics.

Americans need balanced legislation that fosters innovation without

excessive market exclusivity which does nothing more than extend

monopolies, stifle competition and keep patients waiting for affordable

medicines.

BIO and PhRMA say that want a biogenerics pathway, but their policy is an

empty promise to patients.

CCPM supports public policies that facilitate timely access to affordable pharmaceuticals. Visit http://www.competitiverx.com for more information and a list of CCPM members.

Contact: Katie Braden Huffard, 202-255-5216;

Andrea Hofelich, 703-647-2495; Charles Cote, 202-207-3605


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SOURCE The Coalition for a Competitive Pharmaceutical Market(CCPM)
Copyright©2008 PR Newswire.
All rights reserved

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