HILL INTEREST IN OVULEN COUNTERFEITING MAY EXPAND
Executive Summary
HILL INTEREST IN OVULEN COUNTERFEITING MAY EXPAND to an investigation of Rx drug pricing differentials -- especially the spread between HMO bid prices and levels to retail pharmacies. Rep. Dingell's (D-Mich.) Commerce/Oversight Subcmte. started investigating pharmaceutical counterfeiting last November in the wake of widespread forgery of Searle's Ovulen 21 birth control pills. The investigation began with a survey sent to pharmaceutical mfrs. asking for more information on the industry's experience with counterfeiters over the past five years ("The Pink Sheet" Nov. 26, T&G-2). Because of the intense price competition in the oral contraceptive market, the area is ripe for further investigation of differentials, beyond the counterfeiting issue. A hearing on the Ovulen situation per se could be difficult to arrange at this time since the source of the counterfeit contraceptives is still under investigation.
HILL INTEREST IN OVULEN COUNTERFEITING MAY EXPAND to an
investigation of Rx drug pricing differentials -- especially the
spread between HMO bid prices and levels to retail pharmacies. Rep.
Dingell's (D-Mich.) Commerce/Oversight Subcmte. started
investigating pharmaceutical counterfeiting last November in the
wake of widespread forgery of Searle's Ovulen 21 birth
control pills. The investigation began with a survey sent to
pharmaceutical mfrs. asking for more information on the industry's
experience with counterfeiters over the past five years ("The Pink
Sheet" Nov. 26, T&G-2). |