Intellipharmaceutics International Inc. (IPCI)

[fabius]

Growing awareness of FDA unbelievable backlog

"Clinton’s proposals are a mix of programs that build on policy already in the Affordable Care Act, including caps on out-of-pocket spending, and Democratic standbys like having the government negotiate prices directly with pharmaceutical companies

Specific proposals:
- Limit how much patients spend out-of-pocket for drugs to $250 a month, or $3,000 a year
- Make drugmakers spend a minimum amount on research and development, similar to Obamacare mandate on insurers to spend minimum percentage of revenue on medical care
- Bar tax deductions for drug ad spending
- Fully fund FDA’s Office of Generic Drugs to clear generic drug approval backlog