On Thursday, the generic substitute for Copaxone has been approved by the FDA. Copaxone is a drug used for multiple sclerosis. In the last several years, the prices for drugs geared towards multiple sclerosis have tripled, even as more brand-name products appear in the market. A generic option would give a pricing edge, but this depends on the price and date it will go on sale. The price of all drugs drop about 90% when there are multiple generic options; however, since there is only one, the discount will not be as drastic. None of the drugs that treat multiple sclerosis have a generic equivalent. Multiple sclerosis is a nerve condition that causes blurred vision and difficulty walking. Teva manufacturers Copaxone, a brand name, when it usually manufactures generic drugs. Teva has used some aggressive plans to keep their wide consumer base. Teva has called and took their patients out to dinner, created a more concentrated drug to decrease the number of injections per week, and lowered the price. How Copaxone works is not clear; however, it is known that the main drug in there is made up of 4 amino acids. When the generic drug is released, some insurance companies may recommend that the patients try the generic brand before the name brand. Teva currently has a patent on Copaxone until September 1st, but the federal court invalidated it. They took their case to the Supreme Court for reevaluation, and the generic drug will have to wait in accordance to the court's descision or until September. Other companies, such as Myland and Synthon, are trying to get the approval for their generic Copaxone versions.
I think it is great that the first generic drug for multiple sclerosis is almost available to the public. The prices for name-brand drugs are extremely pricey, and I personally always look for a generic brand. Competition will bring an economically beneficial solution for the people who really need the drug. They could the used the money save on other operations or medications.
Original: Link1
Supplemental: Link2
Showing posts with label patent. Show all posts
Showing posts with label patent. Show all posts
Friday, April 17, 2015
Generic Version of Copaxone, Multiple Sclerosis Drug, Is Approved
Wednesday, November 27, 2013
Supreme Court Verdict on Patenting Human Genes
With more
advances and discovers being made in science everyday, researchers look to
protect their hard work through patents. While patenting has been around for
quite some time, new ideas in science are causing lawmakers to question the
guidelines of patent laws. Specifically when it comes to genetics, the Supreme
Court was recently faced with the difficult decision of deciding what can be
and what cannot be patented. In a decision of 0-9 they have decided what
companies can patent and call their own and what is natural and cannot be patented.
Full strands of DNA which include coding and non coding sequences cannot be
patented however cDNA which include just short coding sequences can be
patented. An exception to this is short sequences that are indistinguishable
from human DNA. Those cannot be patented. This ruling is justifiable with
saying that anything that is not naturally found in humans such as these
“abridged sequenced” cDNA strands can be patented.
This recent court case was stemmed
from the fight over the patent for mutant BRCA1
and BRCA2 genes also known as the breast cancer genes. Myriad, the research
company that identified that these mutant genes led to the development of
breast cancer then patented them. They owned the rights to test women for these
genes and determine their risk of breast cancer. In response others in the
cancer community fought back saying that this patent inhibits their research
and drives up the cost of breast cancer testing. Shortly after these genes were
patented 20% of the human genome was also patented by various others. The court
ruled that 5 of their patents were DNA while the other 500 were cDNA. This
court ruling plays a critical role in where science is headed and how
researchers conduct their work. They will need to shift their studies to follow
the guidelines of this ruling or risk not receiving a patent on their research.
Link:
http://www.dailytech.com/Supreme+Court+Gives+Mixed+Verdict+on+Patenting+Human+Genes/article31760.htm
Related link:
http://www.huffingtonpost.com/2013/06/13/supreme-court-dna-ruling_n_3435274.html
Labels:
BRCA1,
BRCA2,
Breast cancer,
cDNA,
DNA,
genes,
laws,
patent,
Supreme Court
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