Morning Briefing
Summaries of health policy coverage from major news organizations
Generic Drugs, Antibiotics Get A Boost
Telehealth startup Ro is expanding its partnership with pharma giant Pfizer鈥檚 generics arm to offer its generic versions of commonly prescribed blood pressure and cholesterol medications.聽Through its virtual mail-order pharmacy, Ro will supply Pfizer-produced generics of Lipitor, a cholesterol drug, and Norvasc, a hypertension medication.聽The medications will be made available through Ro鈥檚 $5-per-month prescription drug service, which launched earlier this year and which doesn鈥檛 take insurance.聽(Runwal, 9/30)
In a bid to combat antimicrobial resistance, two U.S. lawmakers have introduced a bipartisan bill that would create a new payment model to encourage drug makers to develop antibiotics. Known as the Pasteur Act, the legislation would establish a subscription-style model to offer upfront payments to pharmaceutical companies in exchange for unlimited access to their antibiotics. The idea is to enable drug makers to recover their costs and make an appropriate profit without having to sell large volumes of antibiotics. (Silverman, 9/30)
G1 Therapeutics, a North Carolina biotech company, is changing CEOs on the eve of an expected first FDA approval and hoping to shatter the industry truism about small companies struggling to sell products. Mark Velleca, who has led G1 since 2014, will step down Jan. 1 and be replaced by Jack Bailey, a 30-year pharmaceutical veteran who currently sits on the company鈥檚 board. That transition will come about a month before the FDA is slated to rule on G1鈥檚 trilaciclib, an intravenous treatment designed to preventively reduce the side effects of chemotherapy. (Garde, 9/30)