Navigation Links
Hospira Supports Newly Introduced Biogenerics Legislation
Date:3/11/2009

-- Urges Quick Passage By Congress --

LAKE FOREST, Ill., March 11 /PRNewswire-FirstCall/ -- Hospira, Inc. (NYSE: HSP), the world leader in generic injectable pharmaceuticals, announced today its enthusiastic support for the biogenerics bill co-sponsored by House Energy and Commerce Committee Chairman Henry Waxman, D-Calif., and Rep. Nathan Deal, R-Ga., and urges quick passage by Waxman's committee and the full Congress.

"The approval of biogenerics legislation would provide Americans access to more affordable biologic drugs and save the healthcare system billions of dollars," said Christopher Begley, chairman and chief executive officer, Hospira. "We look forward to working with Congress and the Obama administration to pass biogenerics legislation in 2009."

The Senate is expected to introduce similar legislation soon.

Although biogeneric drugs - generic versions of currently marketed biopharmaceuticals - are widely available in Europe and other parts of the world, they are not sold in the United States. The bipartisan bill introduced Wednesday, titled the "Promoting Innovation and Access to Life-Saving Medicine Act," would create a legislative pathway allowing the U.S. Food and Drug Administration (FDA) to approve safe and effective biogenerics to compete with existing biologic drugs, some of which currently cost more than $100,000 a year per patient. In Europe, biogeneric drugs have been shown to lower costs by around 20 percent.

The new legislation, like the original 1984 Hatch-Waxman legislation that provided access to safe and affordable generic drugs, would allow innovator companies - those that originally introduced biologic drugs - a five-year data exclusivity period for their products during which generic companies would not compete. Five years of exclusivity protects innova
'/>"/>

SOURCE Hospira, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related biology technology :

1. Hospira Advances Patient Safety With New GemStar(R) SP Infusion System
2. StemCor Signs Agreement With Hospira to Market New Medical Device to Oncologists and Hematologists
3. Hospira Hosts Conference Call for Third-Quarter 2008 Earnings
4. Human Genome Sciences Announces Process Development and Manufacturing Alliance With Hospira
5. Hospira Expands Board of Directors
6. Hospiras Biosimilar Epoetin Retacrit(TM) Receives Positive Opinion Recommending EU Approval
7. Biogenerics Will Save Billions, Says Hospira CEO
8. Charlotte Anti-Aging Expo & Symposium Supports Free Clinics
9. BioIQ Supports American Heart Month to Raise Awareness About Heart Disease, the #1 Killer of Women
10. Nonprofit Puts the Power to Cure Neurological Disease in the Hands of the Masses: Texting Technology Brings Awareness & Supports Research
11. Best Practice Database Supports Bio-Pharma Product Launch
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/21/2015)... 21, 2015  Prima Biomed Ltd. (NASDAQ: PBMD ... to become a leader in the development of immunotherapeutic ... the final CVac data from the Phase II CAN-003 ... for a clinically meaningful improvement in Overall Survival ("OS") ... In the group of second remission patients ...
(Date:5/21/2015)... (PRWEB) May 21, 2015 W. ... its manufacturing facility in Worms, Germany has received ... independent subsidiary of the International Pharmaceutical Excipient Council ... facilities that produce its SYLOID® FP brand of ... GMP certification, following the Curtis Bay, Maryland (USA) ...
(Date:5/21/2015)... 20, 2015 Research and Markets ... the "2015 Global Survey on Flow Cytometry ... The primary goal of this research is ... and reagents. Key information the survey seeks to ... flow cytometers, predominantly used applications for flow cytometers, ...
(Date:5/20/2015)... Calif. , May 20, 2015 ... today presented preliminary data demonstrating the ability of ... pulmonary fibrosis (IPF) from other interstitial lung diseases ... suggest the classifier,s potential to help thousands of ... resolve ambiguity in IPF diagnosis – a frequent ...
Breaking Biology Technology:Correction Continues after Big Move - BrokerBank Securities, Inc. 2Grace European Facility Receives GMP Excipient Certification for SYLOID® FP Silica Gel 2Global Survey on Flow Cytometry Adoption Trends 2015 2Veracyte Presents Preliminary Data Demonstrating Ability of Molecular Classifier to Improve Non-Surgical IPF Diagnosis Using Bronchoscopy Samples 2Veracyte Presents Preliminary Data Demonstrating Ability of Molecular Classifier to Improve Non-Surgical IPF Diagnosis Using Bronchoscopy Samples 3Veracyte Presents Preliminary Data Demonstrating Ability of Molecular Classifier to Improve Non-Surgical IPF Diagnosis Using Bronchoscopy Samples 4Veracyte Presents Preliminary Data Demonstrating Ability of Molecular Classifier to Improve Non-Surgical IPF Diagnosis Using Bronchoscopy Samples 5
... Mass., May 6 Caliper Life,Sciences, Inc. (Nasdaq: ... at the,Deutsche Bank,s 33rd Annual Health Care Conference ... 7 at 8:50 a.m. EDT. Kevin,Hrusovsky, President and ... on the,company,s business. The live webcast can be ...
... "Clear to Drive" Campaign Urges Allergy Sufferers to Check Medicine ... Warnings Before Getting Behind the Wheel, KENILWORTH, N.J., May ... trips to the beach. But,the warmer weather also marks a ... season. According to a recent survey, seven out,of ten Americans ...
... the first ... ... dollars, QUEBEC CITY, May 6 /PRNewswire-FirstCall/ - Atrium Innovations Inc.,(TSX: ATB), ... and nutrition industries, announced today,his financial results for the first quarter of ...
Cached Biology Technology:Actress and Mom Lori Loughlin Raises Awareness About the Potential Dangers of Drowsy Driving During Allergy Season 2Actress and Mom Lori Loughlin Raises Awareness About the Potential Dangers of Drowsy Driving During Allergy Season 3Atrium shows a strong financial performance for its first quarter 2Atrium shows a strong financial performance for its first quarter 3Atrium shows a strong financial performance for its first quarter 4Atrium shows a strong financial performance for its first quarter 5
(Date:5/6/2015)... 6, 2015 LifeBEAM, a developer of bio-sensing ... announced today that they will expand their partnership in ... bio-sensing cycling helmet and the first joint project between ... colors in order to give cyclists more style choices ... LifeBEAM and Lazer announced their plan to release a ...
(Date:4/21/2015)... -- High crime rate, increasing government ... control systems market in Saudi Arabia ... report by TechSci Research " Saudi Arabia Access Control Systems Market ... market in Saudi Arabia is ... systems market in the Kingdom is growing at a ...
(Date:4/14/2015)... Conn. , April 14, 2015 NXT-ID, ... a biometric authentication company focused on the growing mobile ... been nominated for the 2015 New York Design Awards ... The Design100, New York City Design Awards are part ... based on over 2,500 ratings from the marketplace, industry ...
Breaking Biology News(10 mins):LifeBEAM and Lazer Announce Expanded Partnership in Bio-Sensing Sports Gear 2LifeBEAM and Lazer Announce Expanded Partnership in Bio-Sensing Sports Gear 3Saudi Arabia Access Control Systems Market to Touch USD1.2 Billion by 2020 Says TechSci Research 2Saudi Arabia Access Control Systems Market to Touch USD1.2 Billion by 2020 Says TechSci Research 3NXT-ID's Wocket Smart Wallet Nominated for 2015 New York Design Awards in 'Product Design- Technology' 2NXT-ID's Wocket Smart Wallet Nominated for 2015 New York Design Awards in 'Product Design- Technology' 3
... (Santa Barbara, Calif.) The National Institutes of ... of preeminent engineering, chemistry, and biology researchers to develop ... called aptamers. The technology provides an entirely new method ... a broad range of applications, including next-generation disease diagnosis ...
... stimulation (HGNS) produced marked dose-related increases in airflow in ... sleep, according to a new study from the Johns ... therapeutic efficacy of HGNS across a broad range of ... positive airway pressure (CPAP), the current mainstay of treatment ...
... This release is available in Polish . ... from healthy mouse embryos can repair damaged brain circuitry and ... grown morbidly obese due to a genetic deficiency. This proof-of-principle ... replacement therapy, which researchers hope might one day be used ...
Cached Biology News:Researchers awarded $3.2 million from NIH to pioneer advanced biomolecule discovery technology 2Researchers awarded $3.2 million from NIH to pioneer advanced biomolecule discovery technology 3Hypoglossal nerve stimulation increases airflow during sleep in obstructive sleep apnea 2Metabolic defects in mice corrected with transplanted embryonic neurons 2