Bush Plan Would Allow Generic Biotech Drugs

The Bush administration, perceived as on the sidelines in the building movement in Congress for regulations that would allow cheaper medicines derived from biotechnology, has -- for the first time -- included a proposal for “generic biologics” in its policy agenda. Such legislation in the administration’s fiscal 2009 budget would allow competition from generic versions of biotech drugs. Such a move would open the door to prescription innovations for cancer, anemia and other treatments that are derived from human or animal cells and can cost tens of thousands of dollars a year.

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