Thursday, October 8, 2015

NPR Business News: TPP Negotiators Reached Agreement With Sticky Compromise On Biologics Drugs

TPP Negotiators Reached Agreement With Sticky Compromise On Biologics Drugs
A big sticking point in the negotiations over the Trans-Pacific Partnership involved biologics medicines and vaccines created from living organisms. The dispute centered on patent protection: how many years drug companies should have before facing competition from generics. The negotiators ended up with a complicated compromise that gives drug makers five to eight years of protection. But nobody is really happy with the outcome.

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