4.28.2007

SSRN-Authorized Generics: A Prescription for Hatch-Waxman Reform by Tom Chen

SSRN-Authorized Generics: A Prescription for Hatch-Waxman Reform by Tom Chen: "Abstract:
Authorized generics present the latest controversy in the perennial battle between pioneer and generic drug manufacturers. Under these arrangements, a pioneer firm will “authorize” a generic version of its brand-name drug to enter the market during another generic competitor's 180-day exclusivity period. This practice has generated intense debate within the pharmaceutical industry regarding its potential impact on Paragraph IV patent challenges, in addition to the proper operation and intent of the Hatch-Waxman Act. Because of the immense economic and public health consequences at stake, and previous patterns of Hatch-Waxman abuse, the Federal Trade Commission has recently launched an investigation of authorized generics. "