U.S.
considers easing drug protection to break deadlock over trade pact: Wall
Street Journal
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[December 03, 2019]
(Reuters) - The Trump administration is
considering scaling back intellectual-property protections for biologic
drugs by big drugmakers to help win Democratic support for a new trade
pact with Mexico and Canada, the Wall Street Journal reported, citing
people familiar with the matter.
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Democrats are pushing the administration to reduce the length of
time that leading biologic drugs would be protected from generic
imitators in the U.S.-Mexico-Canada Agreement, or USMCA, the WSJ
reported.
The Trump administration, eager to win passage of USMCA, is
considering dropping to 10 years from 12 years as a way to get
Democrats on board, according to the Journal.
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Democrats and others want that time period reduced, or at least new
language to allow for a reduction in the 10 years if U.S. domestic
law changes, the WSJ reported.
Biologic drugs, which often list for hundreds of thousands of
dollars a year, are the most expensive medicines used in treating
ailments such as cancer and rheumatoid arthritis.
(Reporting by C Nivedita in Bengaluru)
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