Kohl Bill Would Save Consumers $3.5 Billion Per Year, According To FTC, USA
U.S. Senator Herb Kohl released the following statement on the announcement from U.S. Federal Trade Commission Chairman Jon Leibowitz that banning pay-for-delay settlements that keep generic drugs off the market would save consumers at least $3.5 billion per year and provide significant cost savings for federal government, which pays approximately one-third of all prescription drug costs. Senator Kohl’s bill, the Preserve Access to Affordable Generic Drugs Act (S.
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Filed under: Pharma Industry on June 25th, 2009
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