Pharmacy Daily | TPP opposition

The Malaysian Medical Association (MMA) and New Zealand’s opposition Labour Party have both expressed concern over the conditions being imposed on the Trans-Pacific Partnership (TPP) trade pact that could see patents on drugs increased by up to five years, reports FiercePharma. MMA President Ashok Zachariah Philip called upon the government negotiators to understand the deeper potential and perhaps unintended consequences of such an agreement. New Zealand Labour Party spokeswoman Annette King told Stuff.co.nz the data exclusivity for drugs measures could cost NZ taxpayers $1b over five years. Data exclusivity periods are a key sticking point for the TPP agreement with separate issues around biologics which enjoy a 12 year period under US law, while Australia is supporting eight years and other countries in the 12 nation talks are opposing any period exceeding 10 years, Nikkai reports.

---

The above article was sent to subscribers in Pharmacy Daily's issue from 17 Aug 15
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 17 Aug 15