Word: patent
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Dates: during 1960-1969
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Share the Patents? Testimony on the drug industry is aimed at building up support for Kefauver's drug-industry antitrust bill (S. 1552). As introduced last April in the Senate (and by New York Democrat Emanuel Celler in the House), the bill is a shotgun blast against everything that Kefauver dislikes in the pharmaceutical industry. It would require drug manufacturers to get licenses from the U.S. Food and Drug Administration and give FDA power to inspect and close their plants. It would prohibit marketing of new drugs until they have been proved effective and make FDA the judge...
...diabetic patient with a blood infection was in Montefiore Hospital for 61 days this year, and his bill for drugs alone came to $3,127. Most of this was for a single drug, produced by only one manufacturer under a patent monopoly. Another patient with a heart-valve infection had a drug bill...
...because there is a real need for them, but "to horn in on a market which has been created by someone else's discovery." He denounces as "structural roulette" the game of making a minor change in the molecule of a competitor's drug, to get around patent restrictions, and rushing the resultant analogue to market. He points to one manufacturer "who sells one drug entity in this country and a congener [close chemical relative] in another country," and argues that "each is the best for the same purpose. Since more than one drug cannot be the best...
Silents Please (ABC, 10:30-11 p.m.). A chance to see again the patent-leather locks of Rudolph Valentino, in The Eagle...
...lives on Lexington Avenue, not Madison, and it runs to blue serge conservatism more than grey flannel. It takes no hard-liquor accounts, turns up its nose at some top-selling products (patent medicines), refuses even to put on speculative account presentations for prospective clients...