Generic Drug Manufacturer Faked Test Results for FDA Approval
About 80% of the drugs prescribed today are generic drugs, many of which are made in India. A leading manufacturer, Ranbaxy, often skipped the required steps for approval of its generic drugs. In 2008, Ranbaxy was prohibited by the FDA from shipping drugs to the U.S. from two Indian plants; however, the company continued to sell drugs in the U.S. from its other Indian facilities. In 2011, while the FDA was investigating Ranbaxy for serious criminal violations, the FDA was approving the company for the exclusive rights to make the generic version of one of the most popular pharmaceuticals of all time: Lipitor. This reportedly earned the company $600 million in the first six months. The federal investigation led Ranbaxy to plead guilty to seven felonies; Ranbaxy was bought by the Japanese firm Daiichi Sankyo in 2008.
http://www.cbsnews.com/8301-18563_162-57610994/leading-generic-drug-maker-faked-test-results-for-fda-approval/
FDA to Withdraw Approval of 14 Drugs
The FDA has begun the process of withdrawing approval for 14 drugs because the manufacturers "have repeatedly failed to file required annual reports for these applications." The manufacturers of the products in question include USV Pharmaceutical Corp., Dow Pharmaceutical Corp., and Nordic Biochemicals. The companies can contest the FDA decision but must request a hearing in writing by December 5. If no request is made, the FDA will withdraw approval of the drugs.
http://www.modernhealthcare.com/article/20131105/BLOG/311059998/fda-takes-steps-to-withdraw-approval-for-14-drugs
FDA Concerned About Pharmacy Compounding Bill
The Drug Quality and Security Act doesn't go all the way according to Commissioner Margaret Hamburg. She said it's not that the FDA is looking for a lot of new responsibilities, but when there is a health and safety problem where we think that we have the expertise and where clearly there should be national standards, we do believe that we should be given the authority that is needed.
http://thehill.com/blogs/regwatch/legislation/189300-fda-not-sold-on-pharmacy-compounding-bill
Kickbacks Okay to Pharmaceutical Companies on Health Exchanges
The DHHS has announced that it won't hold the new insurance offerings available on state and federally run exchanges to the same anti-kickback standards maintained for federal health programs such as Medicare. The anti-kickback rules have been in effect since 1991 and generally prohibit companies from making payments to beneficiaries or other firms to induce business paid for by Medicare and other federal programs. These activities can range from paying rebates to Medicare beneficiaries for buying specific drugs to paying physicians to refer their patients to a specific imaging facility.
http://blogs.wsj.com/corporate-intelligence/2013/11/01/kickbacks-from-drug-makers-given-all-clear-on-health-exchanges/
Drug-shortage Help Requested by the FDA
The FDA announced a new proposal to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide. This proposed rule addressing companies that make medically important prescription medicines would have to notify the FDA six months ahead of any changes that could disrupt the U.S. supply. This includes plans to discontinue a product or manufacturing changes that could slow production. The agency cannot require companies to increase manufacturing capacity to guard against shortages, or to require a company to make a product if it is not profitable.
http://hosted.ap.org/dynamic/stories/U/US_DRUG_SHORTAGES_FDA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
http://www.reuters.com/article/2013/10/31/us-drug-shortages-idUSBRE99U0XG20131031
18 Lots of Acetaminophen Infant Suspension Recalled
Perrigo Company has announced it has initiated a voluntary, nationwide product recall to the retail level of 18 batches of its acetaminophen infant suspension liquid, 160 mg/5 mL, sold in boxed packages of 2-oz. and 4-oz. bottles with syringes. The recall is being initiated because a small number of packages might contain an oral dosing syringe without dose markings. Using an oral syringe without dose markings could result in inaccurate dosing, especially in infants who could mistakenly get too high a dose.
http://www.fiercepharma.com/press-releases/perrigo-initiates-nationwide-voluntary-product-recall-acetaminophen-infant-0?utm_medium=nl&utm_source=internal
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