Expert Analyses of the following article:
Follow-On Biologics Legislation Could Save Billions of Dollars, According to CBO
Source: www.kaisernetwork.org
July 1, 2008CBO Data On Follow-on Biologics Is More Interesting Than It Sounds.
Author: Jeff Stier, Associate Director, American Council on Science and Health
The report explains that creating a pathway to allow for follow-on biologics will save billions of dollars over the next 10 years. The report will be used to press for quick passage of the House and Senate versions of the legislation.
July 1, 2008
CBO Estimates About Savings From Follow-On Biologics Are (Necessarily) Very Crude -- and Probably Overly Optimistic
Author: GLG Expert Contributor
Author: GLG Expert Contributor
There any many imponderables in the CBO estimates, including the period of marketing exclusivity (if any) granted by not-yet-passed legislation and the extent to which the FDA requires new clinical trials for follow-on biologics. I would argue, therefore, that their predictions are premature.
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