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Sen. Kohl Introduces Bill to Prohibit Reverse Payments

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By Donald Zuhn -- Last week, Senator Herb Kohl (D-WI) (at right) introduced the Preserve Access to Affordable Generics Act (S. 23) in the Senate. The bill, which is co-sponsored by Senators Sherrod Brown (D-OH), Susan Collins (R-ME), Richard Durbin (D-IL), Al Franken (D-MN), Chuck Grassley (R-IA), Amy Klobuchar (D-MN), and Bernard Sanders (I-VT), is designed to prohibit brand name drug companies from compensating generic drug companies for delaying the entry of generic drugs into the market. In a section entitled "Findings," the bill notes that "[p]rescription drugs make up 10 percent of the national health care spending but for...

Full post as published by Patent Docs on February 03, 2011 (boomark / email).