Just look around, watch the television, read the newspaper, and what do you see? Seems like very few reasons to be thankful. School and workplace shootings, the political scene is as nasty as I ever remember in my 70 years on earth. Climate change is threatening the future of our children, and the environmental controls have been set back 50 years as the oceans continue to rise,
While California is usually a very progressive state, I believe that Governor Newsom did not quite understand the implications of the bill he signed into law banning pay-for delay patent settlements. I believe he failed to see that not all pay-for-delay cases are anticompetitive. According to the Association of Accessible Medicines (AAM) statement about the bill:
“As the Federal Trade Commission has found,
Each year, the Association for Accessible Medicines (AAM) publishes its report on generic drug savings (here). The data is based on the independent IQVIA organization’s findings. Some interesting findings in the forty-page report are outlined below:
- 93% of generic prescriptions are filled at $20 or less.
- The average co-pay of for a generic product covered by insurance is $6.06 compared to an average brand co-pay of $40.30.