FOR IMMEDIATE RELEASE In Commemoration of Cancer Control Month, Over 4,000 Americans Urge Congress to Preserve Incentives for Life-Saving TherapiesRep. Inslee’s Leadership Praised; Biosimilar Proposal Should Protect Development of Tomorrow’s Cures, say Signers KENSINGTON, MD (April 23, 2008) In commemoration of Cancer Control Month, members of the Candlelighters Childhood Cancer Foundation today met with U.S. Representative Jay Inslee to commend his leadership on preserving incentives for life-saving therapies and presented him with a petition of over 4,000 Americans urging Congress to put the concerns of patients waiting for a cure, like children with cancer, first. Declaring biotech drugs, “The Pipeline of Hope,” the petition addresses current legislation being considered that would create a pathway for making “follow-on” biologics, or lower-cost versions of biotech medicines. The petition notes that because only one new drug has received marketing approval by the FDA for childhood cancer in the last decade, now is not the time to pass legislation that jeopardizes the development of new breakthrough therapies. “While saving costs is a laudable goal, for child cancer patients and their families, we must put the search for new cures first,” said Ruth Hoffman, Executive Director of the Candlelighters Childhood Cancer Foundation. “We commend Representative Inslee for his leadership on this issue he is a true advocate for patients.” Representative Inslee is the lead sponsor of H.R. 1956, the “Patient Protection and Innovative Biologic Medicines Act of 2007, legislation that creates a pathway for biosimilars (also referred to as “follow-on biologics”) but establishes an appropriate balance between reducing cost, ensuring safety and providing incentives for innovation. Biologic drugs are made from living cell lines and are more complex than traditional chemical drugs. Current debates in the U.S. Congress have centered on the ownership of research conducted by innovators who discover and develop a new biologic therapy. The 1984 “Hatch-Waxman Act,” which created standards for chemical generic drugs, provided up to fourteen years of protected time for the original versions. Unlike chemical drugs, a biologic drug costs far more to manufacture-- on average over $ 1.2 billion. According to Hoffman, “The community of children with cancer in their families knows what is at stake here. Along with our supporters, we are relying on our Senators and Members of Congress to pass legislation that offers at least fourteen years of data exclusivity to protect the scientists and innovators who take on the high-risk challenges of pursuing these medical miracles.” PETITION
| ||||||||||||||||||||||||||||
|
© 1998-2008, Candlelighters® Childhood Cancer Foundation / Terms of Use |
||||||||||||||||||||||||||||