BIO White Paper Addresses the Challenges of Creating Any Pathway for Follow-On Biologics.Congress Urged to Prioritize pri·or·i·tize v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem v.tr. To arrange or deal with in order of importance. v.intr. Patient Safety and Innovation WASHINGTON -- The Biotechnology Industry Organization Biotechnology Industry Organization or BIO was founded 1993 in Washington, DC. James C. Greenwood is BIO's current President. External links
The paper details the legal and regulatory implications of the many important differences between biologics and traditional "small molecule" drugs. Biologics have very different physical structures and characteristics from small molecule drugs as they are generally large complex molecules produced using living organisms in an intricate manufacturing process. Since traditional drugs and their generic counterparts can typically be shown in a lab to have identical chemical structures, the law and regulations provide a straightforward and safe pathway for the approval of generic versions of drugs. In contrast, a follow-on version of a biologic cannot be a physical duplicate of the innovator version--it can only be comparable or similar. Because of the differences in the complexity of the molecules and the importance of the manufacturing processes used to create biologics, the core scientific principles that allow the Hatch-Waxman Act to provide safe and effective generic small molecule drugs do not apply to biologics. "The scientific, legal and regulatory issues involved in creating any approval pathway for follow-on biologics are complicated," stated Jim Greenwood, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BIO. "We urge Congress to give these issues the thoughtful deliberation deliberation n. the act of considering, discussing, and, hopefully, reaching a conclusion, such as a jury's discussions, voting and decision-making. DELIBERATION, contracts, crimes. they require without unnecessarily rushing the debate and putting patient safety and biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. innovation at risk." The paper discusses how the scientific differences between traditional small molecule drugs and biologics will necessitate ne·ces·si·tate tr.v. ne·ces·si·tat·ed, ne·ces·si·tat·ing, ne·ces·si·tates 1. To make necessary or unavoidable. 2. To require or compel. differences in the application of the laws and regulations implemented by the Food & Drug Administration and differences in how exclusivity, patent, and trade secret protection issues are interpreted and applied in the context of a follow-on biologics regime. "In order for the biotechnology industry to continue to produce new life-enhancing and life-saving therapies for patients around the world, there must be the potential for a return on the significant investment required to bring a therapy to market, and a carefully constructed incentive structure must be part of any statutory pathway for follow-on biologics," stated Greenwood. The paper can be accessed at http://bio.org/healthcare/followonbkg/WhitePaper.pdf. About BIO BIO represents more than 1,100 biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. , academic institutions, state biotechnology centers and related organizations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and 31 other nations. BIO members are involved in the research and development of healthcare, agricultural, industrial and environmental biotechnology Environmental biotechnology is when biotechnology is applied to and used to study the natural environment. Environmental biotechnology could also imply that one try to harness biological process for commercial uses and exploitation. products. BIO also produces the annual BIO International Convention, the global event for biotechnology.
Upcoming BIO Events
-- BIO International Convention
May 6-9, 2007
Boston, MA
-- BIO VentureForum-East 2007
June 18-20, 2007
Montreal, Canada
-- BIO Mid-America VentureForum 2007
Sep. 24-26, 2007
Milwaukee, WI
|
|

Printer friendly
Cite/link
Email
Feedback
Reader Opinion