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Re: BonelessCat post# 29261

Wednesday, 03/24/2010 10:17:56 AM

Wednesday, March 24, 2010 10:17:56 AM

Post# of 146240
Yesterday I posted an error when responding to get_out_of_town. He (she?) was right about the new 12 year advantage vs the 5 year advantage being an increased advantage as a result of the new obamacare package. Orphan drug status only allows 7 years and not an extension from 17 years to 22.

According to WSJ:

Getting an orphan-drug designation opens the door to incentives once the FDA approves a medicine for sale in the U.S., including seven years' marketing exclusivity and tax breaks. Last year, just 250 requests for orphan-drug designation were filed, and 160 received it.

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