Thailand to allow more generic drugs: pharma group
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Thailand's top pharmaceutical industry group warned the military-installed government against allowing more generic versions of drugs after its approval of two such medications last month.
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Thailand's new government could pay for four cancer drugs instead of overriding their international patents, Health Minister Chaiya Sasomsap said on Wednesday, fearing possible trade sanctions against his country. The cancer medicines targeted by the previous military-appointed government for compulsory licenses, which allow countries to make or buy cheap, copycat versions of drugs, would cost $24-$27 million a year.
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Thailand is planning to break the foreign patents of 14 HIV/AIDS, cancer and heart drugs, a move that may prompt companies to withhold new drugs from the Thai market, pharmaceutical firms said on Wednesday.
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French Health Minister Philippe Douste-Blazy said France will by early next year implement a World Trade Organization pact to make generic drugs more accessible to poor countries.
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The government has given the go ahead for Internet-only pharmacies as part of a wider strategy to allow patients easier access to prescriptions and other pharmaceutical services.
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Thailand will not override a patent on leukaemia drug Glivec after its maker, Swiss giant Novartis, agreed to give the medicine to most patients for free, an official said Friday.
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Thailand's move to expand its generic drug programme has jolted the pharmaceutical sector, but has also sparked fears among investors that the government could now change the rules for other industries, analysts said.
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The Target Corporation expanded its $4 generic drug program to all of its pharmacies Monday, moving beyond states where it was matching a plan offered by its rival, Wal-Mart Stores.
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The global pharmaceutical industry unveiled plans on Thursday to publish more data about trials of medicines in a bid to reassure patients following recent alarms over drug safety.
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U.S. drugs giant Abbott Laboratories  said it would stop launching new medicines in Thailand in  protest at the army-backed government&#39;s move to override  international drug patents.
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Japan will order drug prices to be cut by an average 5.2 percent in its latest review, a government source said on Tuesday, along with more steps to promote generic medicines in a double blow for branded makers.
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Sanofi-Aventis said on Friday that U.S. regulators had approved wider use for its colon cancer drug Eloxatin, lifting shares in the world's third-largest pharmaceuticals group.
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The Thai government announces a new anti-drugs offensive, despite criticism of an earlier campaign.
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Kmart said on Wednesday that it is  adding more than 70 new generic medications to its program that  offers a 90-day supply of certain generic drugs for $15,  including some not offered under a similar plan at Wal-Mart.
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The global pharmaceutical industry  unveiled plans on Thursday to publish more data about trials of  medicines in a bid to reassure patients following recent alarms  over drug safety.
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Thailand, faced with ballooning costs for HIV-AIDS drugs, has issued its first compulsory license to make a cheap version of a foreign-made drug and fired a shot across the bow of big pharmaceutical companies.
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Wal-Mart Stores Inc. on Thursday said it would speed up the expansion of a program offering a variety of generic drugs for $4 per prescription to the rest of Florida beginning October 6.