An article in the New York Times (July 30, 2015) titled “Patent Protection for Drugs puts Pressure on US in Trade Talks” (http://www.nytimes.com/2015/07/31/business/international/pacific-trade-deal-drugs-patent-protection.html?_r=0) describes a conflict between Trans-Pacific Partnership (TPP) countries regarding the duration that data collected during development of biologic medicines is protected. The US has set it at 12 years, while Australia has set it at 5 years. The timing of this data protection is intended to increase the costs for generic manufacturers to repeat these trials before launch. The conflict thus pitches intellectual property protection and costs, but does not involve a discussion of patent protection duration. Should the benefits of the $28 trillion in trade under TPP be incentive for the US to decrease protection time to 7 years from 12 ? Will the US pharmaceutical industry, which has the bulk of the medicines, 3372 out of the 5600 in development across TPP countries, suffer the most and if so, how should incentives for development be protected ? How should the demands from patients in TPP countries for cheaper drug costs be balanced against industry demands ? How will the rest of the global supply chain for biosimilars from non TPP countries offer an alternative to keep costs manageable ?
Tags
- agriculture
- Amazon
- Apparel
- Apple
- automobiles
- Capability
- Capacity
- China
- Collaboration
- competition
- consumer
- Consumers
- Coordination
- Cost
- Costs
- delivery
- demand
- Demand Surge
- Design
- disruption
- Dual Sourcing
- Ecommerce
- Efficiency
- emb2019
- emb2020
- Environment
- exports
- Fast Fashion
- Food
- Global
- global supply chain
- grocery
- Growth
- healthcare
- hospitals
- imm2018
- Imports
- India
- Infrastructure
- Inventory
- Japan
- Legal
- logistics
- Low Margins
- Loyal Customers
- manufacturing
- Margins
- mgmt5612018
- mgmt5612019
- mgmt5612020
- mgmt5612021
- Outsourcing
- pharmaceutical
- prices
- Quality
- rail
- Rare Earths
- regulation
- Retail
- Retailers
- Risk
- river transport
- Service
- ships
- software
- Suppliers
- Supply Chain
- Survival
- Sustainable
- technology
- transport
- Trends
- US
- WalMart
- Water
-
Recent Posts
Archives
- February 2022
- September 2021
- August 2021
- August 2020
- December 2019
- November 2019
- February 2019
- January 2019
- November 2018
- October 2018
- September 2018
- August 2018
- April 2018
- March 2018
- December 2017
- November 2017
- September 2017
- August 2017
- June 2017
- May 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- June 2016
- April 2016
- March 2016
- February 2016
- September 2015
- August 2015
- April 2015
- March 2015
- February 2015
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- September 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- October 2010
Categories
- Africa
- Air
- airport
- California
- Capacity
- car
- cash
- chicken
- China
- cobalt
- Collaboration
- competitiveness
- congestion
- consumer
- Coordination
- Cost
- delivery
- disruption
- Ecommerce
- emb2019
- emb2020
- emb2021
- fairness
- flash memory
- Global Contexts
- Grain
- hospital
- imm2018
- imm2019
- Innovation
- intellectual property
- IoT
- labeling
- Liability
- logistics
- loyalty
- Made in USA
- manufacturer
- mgmt5612018
- mgmt5612019
- mining
- Operations Management
- ordering
- Prices
- product
- productivity
- queue
- Railroad
- recycling
- retailers
- Service Operations
- ship
- shoes
- Starbucks
- supplier
- Supply Chain Issues
- Sustainability
- technology
- Tesla
- toy
- Train
- transport
- truck
- Uncategorized
- Variety
- vehicles
- waste
Meta