FDA moves to bolster generic drugs just "tinkering" with program, says GPhA

14 October 2007

US Food and Drug Administration plans to increase the number and variety of generic drugs available to consumers and health care providers were largely dismissed by the country's Generic Pharmaceutical Association (GPhA), with the group's chief executive, Kathleen Jaeger, saying: "while we all share the goal of increasing efficiency in the generic approval system, another initiative in name only simply will not get the job done."

For its part, the FDA noted that generics are generally less costly than branded drugs and have been a key factor in lower pharmaceutical prices. Dubbed the Generic Initiative for Value and Efficiency, or GIVE, will, it contends, help the agency modernize and streamline its generic drug approval process. The FDA said it approved or tentatively cleared a record of 682 generic drugs products in fiscal 2007, over 30% more than the previous year. The average time for a generic review is 16-17 months.

"To keep pace with the increasing number of generic drug applications, [the] FDA will implement some changes to the generic drug approval process," commented Gary Buehler, director of the agency's Office of Generic Drugs. "The GIVE plan outlines ways to maximize the use of our resources so that [the] FDA can review and approve even more high quality generic drugs during the upcoming fiscal year than it did in 2007," he added.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK







Today's issue

Company Spotlight