European Commission's Pharmaceutical Sector Inquiry Report Finds Certain Practices May Delay Entry of Generic Medicines

more+
less-

On November 28, 2008, the European Commission published its preliminary report and findings in connection with the sector inquiry it launched late last year on competition in the pharmaceutical sector. The Commission acknowledges that patents are vital to providing pharmaceutical companies with an incentive to innovate and that patenting activities and litigation are generally legitimate. The report, nonetheless, concludes that “originator” companies (i.e., those that bring new products to market) have employed a “tool-box” of patent practices and product lifecycle strategies (e.g., multiple patent applications; vexatious litigation, follow-on medicines and secondary patents) that may have the object or effect of delaying or blocking the entry of generic and other new medicines. (We discuss the specific practices that the Commission analyzed in greater detail below.) If such delays could have been avoided, the Commission believes substantial cost savings would have been achieved through the more timely purchase of lower priced medicines.

Please see full update for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Antitrust & Trade Regulation Updates, Health Updates, Intellectual Property Updates, International Trade Updates, Science, Computers & Technology Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Morrison & Foerster LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »