Drug Companies Threaten To Split Health Bill

Drug Companies Threaten Split Health Bill - Psychology, Special Needs, Health - Posted: 16th Jan, 2010 - 10:00am

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Health Related News
Post Date: 16th Jan, 2010 - 10:00am / Post ID: #

Drug Companies Threaten To Split Health Bill

Drug Companies Threaten To Split Health Bill
Health Related

The drug industry is threatening to end its support for President Barack Obama's health overhaul effort because of a rift with the administration over protecting brand-name biotech drugs from low-cost generic competitors. In an e-mail obtained Friday by The Associated Press, the president of the Pharmaceutical Research and Manufacturers of America told the trade group's board members that "we could not support the bill" if the industry is given less than 12 years of competitive protection for the expensive products.

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