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Oppose Restrictions to Biogeneric Drugs
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Press Release

Oppose Restrictions to Biogeneric Drugs

July 16, 2009Members of the 111th CongressU.S. House of RepresentativesWashington, D.C. 20515Dear Representative,FreedomWorks, a grassroots organization with more than 750,000 members nationwide, is actively engaged in the current debate over health care reform and has been a strong advocate of market-based reforms that would expand consumer choice and competition in the health care sector.  Independent of the larger debate over the direction of health care reform in America, however, I would like to alert you to a potentially dangerous amendment that is being offered to H.R. 3200, American’s Health Choices Act of 2009 by Rep. Eshoo that would severely restrict the emerging market for biogeneric drugs.With the rising cost of pharmaceutical drugs and healthcare, it is increasingly important to encourage competition in the market for life saving therapies.  Biologics show great promise and have been used to produce insulin, human growth hormone, and other important therapies.  Globally, the market for these drugs has increased to more than $60 billion.  To expand this market and increase access to these life-saving drugs, it is important that the Food and Drug Administration has a regulatory pathway to approve biogenerics, or biologic follow-ons.  Much like generics, biogenerics hold the promise of new competiton and expanded consumer choice in new therapies to treat a variety of conditions, from AIDS to Alzheimer’s, to several different cancers.Currently, the FDA has limited authority to approve biogenerics.  Many pharmaceutical companies claim that biologics are too complex to be produced as generics.  This is not true; there are a number of pharmaceutical companies—brand name and generic—that have the capability and desire to enter the market for biologics with expiring patents.  One biogeneric has already been approved by the FDA, and the agency has stated that it believes it is possible to establish an abbreviated approval process for these drugs that allows manufacturers to establish their bioequivalence.  Already, the European Union and Australia have established procedures to approve biogenerics.  As an important component of health care reform,  Congress should move forward with legislation to ensure all Americans enjoy access to the latest therapeutic drugs at the most affordable prices.  Unfortunately, the Eshoo Amendment includes a 12-year exclusivity period that will do little to promote the competition necessary to expand consumer choice and check rising health care costs. A market approach is the correct solution to getting less expensive therapies to patients, as it also encourages the development of new and desperately needed medicines.  For these reasons,  I urge you to vote “no” on the Eshoo Amendment.  FreedomWorks will continue to follow the health care reform debate closely, advocating market-based reforms that expand patient choice and improve access to life-saving therapies.Sincerely,Matt KibbePresident and CEO

07/16/2009
Diagram Illustrates Government Efficiency
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Blog

Diagram Illustrates Government Efficiency

Word on the street is that this flow chart vastly understates the complexity of the House Democrats' healthcare plan.May Gaia save us all.Update (roughly 45 minutes after original post): The original post has not been altered. If one briefly examines the image, one would learn that the source of it is:Joint Economic Committee, Republican Staff. (continued below in response to Sickle.)

07/16/2009
Why Imminent Minimum Wage Hike Will Boost Unemployment And Depress Consumption
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Blog

Why Imminent Minimum Wage Hike Will Boost Unemployment And Depress Consumption

Politicians are proving Milton Friedman’s observation that “the government solution to a problem is usually as bad as the problem,” true once again (the Milton Friedman video below complements this blog post aptly). This time they are raising the federal minimum wage from $6.55 to $7.25 on July 24. This will be the third and final boost in a three-step plan by the federal government, based on legislation passed two years ago. 

07/15/2009
Great Article By Steve Forbes
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Blog

Great Article By Steve Forbes

Please check out "Largely Useless, Even Harmful" - a great article written by Steve Forbes and recently featured in Forbes. His piece contains many valuable insights, including this opening:

07/14/2009
Census Data Says Current Health Care System Leaves 16 (Not 46) Million Underserved
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Blog

Census Data Says Current Health Care System Leaves 16 (Not 46) Million Underserved

Thirty million is a lot of people. It is about four times the population of New York City. It is 10 percent of the population of the entire United States. It is also the amount by which everyone from the Obama administration to the mainstream media is exaggerating the number of Americans who may currently be unable to obtain health insurance. From a new study by FreedomWorks:

07/13/2009
Government Strikes Again
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Blog

Government Strikes Again

A recent CNN article states that:

06/26/2009
Important Patent Law Reform Opportunity
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Press Release

Important Patent Law Reform Opportunity

June 24, 2009 Dear Senator, I am writing to urge prompt enactment of an important reform to patent law that will promote innovation in critical medical research.  This reform is revenue neutral and would encourage the continued development of life-saving drugs that are beneficial to potentially millions of Americans.

06/24/2009
Key Vote No: H.R. 1256
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Press Release

Key Vote No: H.R. 1256

On behalf of hundreds of thousands of FreedomWorks members nationwide, including many in your state, I urge you to vote “No” on H.R. 1256: the Family Smoking Prevention and Tobacco Control Act.  This legislation marks a radical increase in power for the Food and Drug Administration, additional growth of government, and a significant intrusion by government into the daily lives and decisions of its citizens.

06/02/2009
Antitrust and the Movies
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Blog

Antitrust and the Movies

Mark Thorton over at the Mises Institute has a very interesting article up today on the role of anti-trust regulation in Hollywood.  Be sure to check it out.  He describes how movies were produced in the "golden age" and how Federal Trade Commission forced them to change it.

05/15/2009
Help Create a Competitive Marketplace for Telecommunications in Florida
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Press Release

Help Create a Competitive Marketplace for Telecommunications in Florida

For too long the Florida Public Service Commission has maintained a stranglehold on the state’s telecommunications market.  This vital sector of Florida’s economy moves much faster than government bureaucrats can keep up with, but still cumbersome regulations and oversight authority unnecessarily burden the marketplace, putting the Sunshine State at a competitive disadvantage with other states that have made regulatory reform a priority.Fortunately, legislation is currently under consideration in the Florida Legislature that will allow consumers the benefits of telecommunications reform and increased competition.  HB 1465 and SB 2626 will help get government out of the way, promoting investment and encouraging innovation in the telecommunications market.TAKE ACTIONFloridians deserve the benefits of increased competition amongst telecommunications providers.  By removing regulatory barriers that the Florida Public Service Commission currently has in place, HB 1465 and SB 2626 go a long way towards leveling the playing field and making the market truly competitive.  Consumers will see the benefits through more choices and competitive pricing and service options.In addition, streamlining telecommunications regulations has added benefit for Florida’s economy.  As companies see the state opening up the market and tearing down barriers to competition, Florida will become a more attractive option for them to invest in more jobs and infrastructure building as well.Contact your legislators and the governor TODAY! 1.    Use FreedomWorks Toll-Free Hotline to the Florida Legislature – (866) 946-1928 – and ask to be connected with you legislators.  If you need help identifying your state legislators click here and use the “find your legislature” feature by entering your zip code.2.    Send an important message to your legislators and the governor on this issue by clicking here and urge them to support HB 1465 and SB 2626!Remind them that these bills take a de-regulatory approach and will streamline and modernize existing law to encourage economic growth and healthy competition.  They will strip out unnecessary and over-burdensome regulation that will better enable the free market to work in the telecommunications industry.  Especially in such turbulent economic times, Florida consumers and the economy as a whole should reap the benefits of increased competition in the form of more choices, better service, and competitive prices!

04/01/2009

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