final for lulu vol. 14 issue 1 final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9ro 2....

31
'(&5($6,1* 35(6&5,37,21 '58* 35,&(6&$1 ())(&7,9( 32/,&< ,1&(17,9,=( &223(5$7,21 %(7:((1 35(9,286/< $17,7+(7,& 6(&7256" %HQMDPLQ ( %URZQ 7$%/( 2) &217(176 , ,1752'8&7,21««««««««««««««««««««««««««««« A. The Issue: Increasing Pharmaceutical Prices B. Why Prescription Affordability is Important C. “PhRMA’s” Contributions to the Pricing Problem D. General Outline ,, 7+( )('(5$/ *29(510(176 +,6725,&$/ $77(0376 $7 &21752//,1* 35(6&5,37,21 '58* 35,&(6 A. The Legislation 1. Hatch-Waxman Act 2. Patient Protection and Affordable Care Act (“ACA”) (“ObamaCare”) B. The Judiciary (FTC v. Actavis) ,,, &2175,%87,1* 72 7+( &5,6,6 A. Introduction B. Patent and Antitrust Laws C. Generic Pharmaceutical Company Issues D. Increased Marketing Expenditures 1. Detailing E. Increasing Costs of Research & Development F. Increased Medicare Coverage ,9 3+$50$&(87,&$/ 352),7((5,1* A. Off-Label Prescription Drug Use B. Delaying Generic Entry 9 9(1785( 3+,/$17+523< $ Potential Abuses 1. Pharmaceutical Companies Creating Their Own Philanthropies Then Funding The 2. Limiting the Field of Ideas to the Ideas Heavily Funded by Corporations

Upload: others

Post on 26-May-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

A. The Issue: Increasing Pharmaceutical Prices

B. Why Prescription Affordability is Important

C. “PhRMA’s” Contributions to the Pricing Problem

D. General Outline

A. The Legislation

1. Hatch-Waxman Act

2. Patient Protection and Affordable Care Act (“ACA”) (“ObamaCare”)

B. The Judiciary (FTC v. Actavis)

A. Introduction

B. Patent and Antitrust Laws

C. Generic Pharmaceutical Company Issues

D. Increased Marketing Expenditures

1. Detailing

E. Increasing Costs of Research & Development

F. Increased Medicare Coverage

A. Off-Label Prescription Drug Use

B. Delaying Generic Entry

Potential Abuses

1. Pharmaceutical Companies Creating Their Own Philanthropies Then

Funding The

2. Limiting the Field of Ideas to the Ideas Heavily Funded by Corporations

Page 2: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

Potential Benefits

1. Increase Innovation Through Nonprofit Funding of Research and

Development

2. Economic Repurposing of Drug

Example: Cystic Fibrosis Foundation Collaboration with Vertex

Pharmaceuticals

A. Federal Tax Re-evaluation for Pharmaceutical Representatives

B. Use of Modified Venture Philanthropy

1. Utilizing Private Nonprofit Foundations with “Program-Support” Grants

2. Creating Own Private, Operating, Foundations

A. The Issue: Increasing Pharmaceutical Prices

Here’s Exactly How the United States Spends $2.9 Trillion on Health Care

Id.Prescription Drugs to Lead Trend of Health Care Price Increases,

Page 3: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

B. Why Prescription Affordability is Important

C. “PhRMA’s” Contributions to the Pricing Problem

D. General Outline

Health Premium Cost Trends Steady For 2015, But Drug Costs Expected To Rise

See generally Study Shows About 48% of Americans Take at Least One Prescription Drug

See generally Baby Boomers

Just How Many Baby Boomers Are There?

Nearly 7 in 10 Americans Take Prescription Drugs, Mayo Clinic, Olmsted Medical Center Find

The Good News on FDA and ANDAs,

Pharmaceutical Spending available at

Page 4: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

A. The Legislation

1. Hatch-Waxman Act

The Hatch-Waxman Act--25 Years Later: Keeping the Pharmaceutical Scales Balanced

IdIdId

Page 5: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”)

a. The pharmaceutical tax

all

New Taxes for Pharmaceutical and Device Manufacturers/Importers/Distributors

IdId

supra see also Annual

Fee Imposed on Prescription Drug Manufacturers and ImportersAnnual Fee

See generally New Taxes for Pharmaceutical and Device Manufacturers/Importers/Distributors

Id.Id.Id.

Page 6: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

b. National physician payment transparency program (“Open Payments”)

c. Congressional funding of research & development

Id.see also Annual

Fee Imposed on Prescription Drug Manufacturers and Importers

supraSee id.Marketing and Direct-to-Consumer Advertising (“DTCA”) of Pharmaceuticals,

See generally Open Payments,

Id. Id.See generally

.IdIdSee generally id .

Page 7: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

B. The Judiciary (FTC v. Actavis)

FTC v. Actavis Actavis

FTC v. Actavis

A. Introduction

Big Pharma’s Favorite Prescription: Higher Prices, see also

Pharmaceutical Industry Gets High Off of Fat Profits,

Id.Competition Ahead? The Legal Landscape For Reverse Payment

Settlements After Federal Trade Commission v. Actavis, Inc.

Id.

Id.See supra

Page 8: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

B. Patent and Antitrust Laws

See generally Pharmaceutical Industry

Pharmaceutical Industry

supraPharmaceutical Industry supra

Pharmaceutical Antitrust: Delayed Generic Entry Cases

Frequently Asked Questions on Patents and Exclusivity

Pharmaceutical Corporations and Medical Research

Drug Patent Expirations and the “Patent Cliff”

supraId.

Page 9: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

C. Generic Pharmaceutical Company Issues

Prescriptions For Change: The Hatch-Waxman Act And New Legislation To Increase The Availability Of Generic Drugs To Consumers

supraDrug Prices Defy Gravity, Doubling or Dozens of Products,

The Industry

Id.

Be Wary of Stratospheric Increases in Generic Drug Prices,

Id.Id.

Expose Reveals Why We No Longer Trust All Generic Drugs

Page 10: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

D. Increased Marketing Expenditures

Detailing

How a Cabal Keeps Generics Scarce

supra see also, , supraThere Ain’t No Such Thing as a Free Lunch: A Look at State Disclosure

Laws and the Effect on Pharmaceutical Company Marketingsee also Big Bad Pharma: An Ethical Analysis of Physician-Directed and Consumer-Directed Marketing Tactics

The Impact of Direct-to-Consumer Advertising

Big Bad Pharma: An Ethical Analysis of Physician-Directed and Consumer-Directed Marketing Tactics

Id.

Page 11: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

Sorrell v. IMS Health

See generally Health Care Costs: A Primer

Pharmaceutical Detailing Definition

supraThe Pharma Marketing Glossary

Persuading the Prescribers: Pharmaceutical Industry Marketing and its Influence on Physicians and Patients

Pharmaceutical Detailing Is Not For Everyone: Side Effects May Include Sub-Optimal Prescribing Decisions, Compromised Patient Health, And Increased Prescription Drug Spending

supra

Regulating Pharmaceutical Marketing After Sorrell v. IMS Health Inc.

Page 12: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

Sorrell v. IMS Health,

Id.Id.

New Reps, New Rap: The Counter-Detailers

supraId.

Prescription Drugs: Academic Detailing

See id.

supraId.See generally Resistance to Affordable Care Act Continues Nationwide

supraSales Innovation and Metric Report, 2014,

Page 13: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

E. Increasing Costs of Research & Development

Id.supra

Drug Development R&D: New Transaction Structures

Id.supra

suprasupra

supraMedicines: Costs in Context

supra

Page 14: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

F. Increased Medicare Coverage

Id.More than 430 New Medicines in Development for Top Chronic Diseases

Affecting Older Americans2015 Profile: Biopharmaceutical Research Industry

Who Funds Biomedical Research?

PhRMA Member Companies Invested $51.2 Billion in R&D in 2014

Id.Pharmaceutical Industry supra

suprasupra

Id.Id.

Page 15: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

Medicare’s Rising Cost – and the Need for Reform

The Facts on Medicare and Health Spending and Financing

CMS Releases Prescriber Data for the First Time

How is Medicare Funded?supra

supraId.Id.

Fewer Employers to Offer Retiree Prescription Drug Plans: Survey

.Id.Id.Id.

supra

Page 16: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

A. Off-Label Prescription Drug Use

Id.Id.

supraOff-Label Use, Prescription, and Marketing of FDA-Approved Drugs: An

Assessment of Legislative and Regulatory Policy see alsoLiability and Off-Label Prescriptions

Id.Off-Label Drug Promotion and the First Amendment

Off-Label Use Promotion is Protected Free Speech

supra

Page 17: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

B. Delaying Generic Entry

Id.Off-Label Prescribing

supra

Id.See id.Id.Medicines: Cost in Context

New York Attorney General Examining Whether Turing Restricted Drug Access

Id.Economic Basics: Supply and Demand

supra .Id.

Page 18: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

Actavistypically

Id. see, e.g.

supra

Pharmaceutical Antitrust: Delayed Generic Entry Cases

Id.

supra

Page 19: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

See generally Abuse of the FDA Citizen Petition Process: Ripe for Antitrust Challenge?

Id.FTC Files Amicus Brief Explaining that Pharmaceutical “Product Hopping” Can Violate

the Antitrust Laws

Id.Antitrust Scrutiny of Pharmaceutical “Product Hopping ”

Id.Venture Capital Philanthropy: The IRS and Treasury Hold The No-Cost Key

To The Growth Of Self-Sufficient Nonprofits January 2002

Id.supra

Page 20: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

See generally The Emergence of ‘Venture Philanthropy’ Raises New Tax Issues

see alsoFoundation Grants

supra Venture Philanthropy: The Changing Landscape

‘Venture Philanthropy’ is the New Buzz in Business

Who’s Afraid of Philanthrocapitalism?,

The Private Foundation

Id.Id.

SeeSee

Page 21: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

A. Potential Abuses

See Cystic Fibrosis: Charity and Industry Partner for Profit

supra see also The Private Foundation supraThe Private Foundation supra

Loans

see also

See generally supra

Finding A Cure: Incentivizing Partnerships Between Disease Advocacy Groups and Academic and Commercial Researchers

See The Role of Nonprofit Institutes in Pharmaceutical Development

Advanced R&D By Venture Philanthropy

Page 22: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

1. Pharmaceutical Companies Creating Their Own Philanthropies Then Funding Them

2. Limiting the Field of Ideas to the Ideas Heavily Funded by Corporations

Stop Subsidizing Big Pharma

Id.See Establishing a Nonprofit Organization

walkthrough

The Private Foundation supra Id.

supraId.

supraId.

Page 23: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

B. Potential Benefits

and

Increase Innovation Through Nonprofit Funding of Research and Development

Id.Id.Id.IdId.See generally id. See generally supraSee generally Companies in North America

See supraNonprofit Drug Companies

Page 24: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

2. Economic Repurposing of Drugs

Id.See generally supra

supra See generally The Cost Of Creating A New Drug Now $5 Billion, Pushing

Big Pharma To Change

supra See generally Definition of a Private Operating Foundation

supraId.Id.See generally supra

supra

Page 25: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

C. Example: Cystic Fibrosis Foundation Collaboration with Vertex Pharmaceuticals

PhRMA Statement on Healthcare Reform Coalition

Id.supra

Repurposing Drugs

Patent Tips for Small Pharma Companies

Repurposing – Finding New Uses for Old (and Patented) Drugs: Bridging the “Valley of Death,” to Translate Academic Research Into New Medicine

supra Orphan Products: Hope for People With Rare Diseases

see also supra

Page 26: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

A. Federal Tax Re-evaluation for Pharmaceutical Representatives

supra Id.Id.Id.

Kalydeco: A Price Too High To Pay

See id.See supra

supra See supraId.

Page 27: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

Id.Dep’t of the Treasury, Cat. No. 11081L, Travel, Entertainment, Gift, and Car

Expenses

See Physician Payment Sunshine: Some Pharmaceutical Companies Reduced Meal Payments to Health Care Providers

Id.

Page 28: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

1. Why Regulate Pharmaceutical Promotion?

B. Use of Modified Venture Philanthropy

1. Utilizing Private Nonprofit Foundations with “Program-Support” Grants

Code on Interactions with Healthcare Professionals

Id.Id. .Id.

Regulation of Pharmaceutical Promotion: Why Does Regulation Matter?

Id.Poll: Americans’ No. 1 health priority is keeping critical drugs

affordable for patients,

See generally supra see generally

Page 29: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

genericbrand-name

See Definition of a Private Operating Foundation supraTaking You From Idea to IND and Beyond

See id.supra

Page 30: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

Creating Own Private, Operating, Foundations

TransCelerate BioPharma, Inc.,

TransCelerate BioPharma

The Orphan Drug: What’s Right With It

supra Foundations: Overview

Ten Pharmaceutical Companies Unite to Accelerate Development of New Medicines

Id.supra

Page 31: Final for LuLu Vol. 14 Issue 1 Final · 2017-03-20 · ,1',$1$ +($/7+ /$: 5(9,(: 9RO 2. Patient Protection and Affordable Care Act (“ACA”)(“ObamaCare”) a. The pharmaceutical

TransCelerate

“If you want to be incrementally better: Be competitive. If you want to be exponentially better: Be cooperative.”

Private Foundations