Word: genericizing
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...Congress made an attempt to defuse the drug-price crisis in 1984 when legislators passed the Waxman-Hatch Drug Act, designed to encourage companies to manufacture more non-brand-name versions of prescription drugs. Pharmaceutical firms may sell these so-called generic drugs only after the brand name has lost its patent protection. The 1984 law streamlined the FDA approval process for generic drugs, reducing the time from an average of three years to a few months. Manufacturer sales of the low-cost drugs thereupon leaped from $3.5 billion in 1984 to $7 billion...
...result, the agency has a bad case of bureaucratic burnout. Approval of new drugs requires mountains of corporate filings, and delays in processing applications now run well over two years. That has led to more scandal: this summer investigators discovered that a few generic-drug developers had bribed underpaid FDA employees to speed up the agency's responses to the paperwork for their products. Three FDA reviewers have already pleaded guilty, and more prosecutions are expected. "This past year has been one of the most difficult in FDA's history," said Commissioner Frank Young last week...
...think we can do a better job providing information about generic cases," said Jewett, referring to model cases he will include so students will have a better idea of how the Ad Board sets disciplinary action and enforces...
...Insider's Lament. Anywhere non-newsies can corner them, someone carps along this line: "Dammit, on subjects I'm personally involved in, you guys often get it wrong." The critic usually adds that if he had been consulted, all would have been right. How a journalist responds to this generic complaint depends partly on his tact and hubris quotients. Insiders with their own strong views, after all, tend to cavil about competing ideas and stories they consider less than comprehensive. But when I run into the I.L. these days, I find myself saying, "I know what you mean...
...like students to have a choice," he says. "I don't like the generic nature of [random] lottery and mixing...