tangent4ronpaul
02-27-2011, 05:34 PM
http://www.fdalawyersblog.com/2011/01/grandfathered-morphine-policy.html
Cody/Lannett originally complained following FDA's issuance of a 2006 Compliance Policy Guidance. The guidance stated that the grandfathering provisions of the Food Drug and Cosmetic Act ("FD&C Act") of 1938, as amended in 1962, no longer applied to thousands of "unapproved drugs" being sold in the United States, including Cody/Lannett's morphine sulfate. FDA determined that unapproved drugs were now subject to enforcement action as unapproved "new drugs" without any regard to the length of time a particular drug had been in use or the indications for or labeling of such drugs prior to 1938
http://pharmrep.findpharma.com/pharmrep/News+Analysis/FDA-Demands-Pharma-Firms-Pull-Unapproved-Drugs/ArticleStandard/Article/detail/591466
“When we started the initiative we estimated that approximately 2 percent of prescriptions filled in the United States were marketed, unapproved drugs,” Levy told Pharm Exec on Wednesday. “So it’s a significant number of products that are out there.”
Since that time, FDA has taken approximately 500 unapproved drugs off drugstore shelves. Levy said that FDA is also contacting pharmacies and distributors, and training them to look for FDA approval labels when considering purchasing product or filling a prescription.
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Please keep in mind that it now takes up to 12 years to get a "new" drug approved and costs between 750 Million and 1.2 Billion.
There are over 2,000 drugs that are "unapproved".
This is a disaster!
Cody/Lannett originally complained following FDA's issuance of a 2006 Compliance Policy Guidance. The guidance stated that the grandfathering provisions of the Food Drug and Cosmetic Act ("FD&C Act") of 1938, as amended in 1962, no longer applied to thousands of "unapproved drugs" being sold in the United States, including Cody/Lannett's morphine sulfate. FDA determined that unapproved drugs were now subject to enforcement action as unapproved "new drugs" without any regard to the length of time a particular drug had been in use or the indications for or labeling of such drugs prior to 1938
http://pharmrep.findpharma.com/pharmrep/News+Analysis/FDA-Demands-Pharma-Firms-Pull-Unapproved-Drugs/ArticleStandard/Article/detail/591466
“When we started the initiative we estimated that approximately 2 percent of prescriptions filled in the United States were marketed, unapproved drugs,” Levy told Pharm Exec on Wednesday. “So it’s a significant number of products that are out there.”
Since that time, FDA has taken approximately 500 unapproved drugs off drugstore shelves. Levy said that FDA is also contacting pharmacies and distributors, and training them to look for FDA approval labels when considering purchasing product or filling a prescription.
==
Please keep in mind that it now takes up to 12 years to get a "new" drug approved and costs between 750 Million and 1.2 Billion.
There are over 2,000 drugs that are "unapproved".
This is a disaster!