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FDA Draft Guidance Would Remove Interchangeability Statement from Interchangeable Biosimilars- Comments Due November 17th On September 15th, the Food and Drug Administration (FDA) released draft guidance removing the interchangeability statement from the product label/package insert. ASBM surveys of U.S.
Overall, while the NHC appreciates CMS’ intent to streamline the data submission process and make it more accessible, we encourage ongoing dialogue and adjustments to ensure that the process remains patient-centered, efficient, and capable of capturing the full spectrum of information necessary to inform meaningful drugprice negotiations.
REMINDER: FDA Draft Guidance Would Remove Interchangeability Statement from Interchangeable Biosimilars Comments Due November 17th On September 15th, the Food and Drug Administration (FDA) released draft guidance removing the interchangeability statement from the product label/package insert. ASBM surveys of U.S.
The Inflation Reduction Act’s Medicare DrugPrice Negotiation Program will kick off next week. There are reports that the White House may announce the list of selected drugs even before that deadline, on Tuesday, August 29 th. Before the IRA, the government could not set prices for any drugs covered by Medicare.
Additionally, in October 2024, the FDA approved SELARSDI for a new presentation a single-dose vial for intravenous infusionafter previously approving it for use as a single-dose prefilled syringe for subcutaneous injections.
However, the level of reimbursement they receive is dependent on the proven efficacy of their drugs — and many of their most expensive specialty drugs are manufactured under what might be labeled as “pseudo-approved” status. Every specialty pharmacy patient you serve should be monitored by a clinic pharmacist.
However, the level of reimbursement they receive is dependent on the proven efficacy of their drugs — and many of their most expensive specialty drugs are manufactured under what might be labeled as “pseudo-approved” status. Every specialty pharmacy patient you serve should be monitored by a clinic pharmacist.
The survey results also indicated that drugpricing and reimbursement constraints will be the second biggest concern, hampering the industry’s growth, as indicated by 30% of the surveyed respondents. This report incorporates the latest thinking on the opportunities and risks this new environment presents for pharma companies.
However, the scope and complexity of the proposed rule may present implementation challenges. 3 ,4, 5 As such, the NHC supports CMS proposal to ensure that Part D sponsors cover AOMs for obesity with clinical criteria that is not more restrictive than the FDA labeling for each AOM. 2024.30.2.206. 38 American Medical Association.
View ASBM’s educational fact sheet “Interchangeability: US vs EU” here. Biden’s SOTU: 500 Drugs To Be Subject to Medicare DrugPrice Controls On March 7th, President Biden gave his State of the Union address to Congress, wherein he laid out upcoming policy priorities for a potential second term.
CMS Releases Guidance Memo on Medicare DrugPrice Negotiation; Allows Only 30 Days to Comment On March 15, 2023, the Centers for Medicare and Medicaid (CMS) released an initial Guidance Memo regarding implementation of its Medicare DrugPrice Negotiation Program, authorized by the Inflation Reduction Act (IRA) signed into law August 16, 2022.
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