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Report: Banning 'pay for delay' settlements likely won't happen
NEW YORK — Legislation to ban patent litigation settlements between branded and generic drug companies appears unlikely to find success, according to published reports.
The Hill, a newspaper that covers Congress, reported on Sunday that language in the Senate appropriations bill that would ban so-called “pay for delay” settlements between drug makers did not appear likely to pass. The newspaper reported that the Senate appeared likely to support a resolution supported by the House that did not contain the language.
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Regulatory approval application accepted for Exparel
PARSIPPANY, N.J. — The Food and Drug Administration has accepted a regulatory approval application for a pain drug made by Pacira Pharmaceuticals, Pacira said Tuesday.
The drug maker submitted its application for the long-acting painkiller Exparel (bupivacaine) in September.
The drug is a topical medication for managing pain following surgery. The FDA expects to finish reviewing the application in July 2011.