Government U-turns on EU pharma reforms after lobbying
www.irishtimes.com
EU had sought to cut time pharmaceutical companies could exclusively sell new drugs, to make generics available sooner

cross-posted from: https://lemm.ee/post/64669906

https://archive.is/MLDhz

  • Proposed EU reforms would cut a minimum eight-year window companies have to exclusively sell new drugs they produce before cheaper generic competitors can enter the market.

  • Pharmaceutical companies have fiercely opposed any reduction in the minimum eight-year window, where they have “protection” over their research and data from clinical trials.

  • Minister for Enterprise Peter Burke said the Government now supports the position pushed by the pharmaceutical industry that there should be no change. “We are prepared to accept eight years,” he said in Brussels on Thursday.