Showing posts with label medical innovation. Show all posts
Showing posts with label medical innovation. Show all posts

Friday, December 10, 2021

4 Things to Know About Intellectual Property and COVID-19 Vaccines; U.S. Chamber of Commerce, December 9, 2021

U.S. Chamber of Commerce; 4 Things to Know About Intellectual Property and COVID-19 Vaccines

Intellectual property enabled the discovery of lifesaving COVID-19 vaccines. Here’s why calls to waive IP rights would undermine medical innovation and our ability to respond to the next pandemic.

"Key takeaways

  • Some governments, including the United States, are considering a proposal to waive intellectual property laws for COVID-19 vaccines.
  • But waiving intellectual property laws could jeopardize medical innovation, including the development of new or adapted vaccines to combat COVID-19 variants like Omicron.
  • Waiving intellectual property rights for COVID vaccines could have ripple effects on innovators and investments across industries."

Tuesday, July 4, 2017

Louisiana considers radical step to counter high drug prices: Federal intervention; Washington Post, July 3, 2017

Carolyn Y. Johnson, Washington Post; Louisiana considers radical step to counter high drug prices: Federal intervention

"At [Louisiana’s health secretary Rebekah] Gee’s urging, Joshua Sharfstein, a professor of public health at Johns Hopkins University and a former Food and Drug Administration deputy commissioner, convened a meeting of health-policy specialists and economists. They advised that the state ask the federal government to intervene in a two-pronged approach: Gee should first ask the government to negotiate with a drug company and license a medication, in line with a recent recommendation by a committee from the National Academies.

At the same time, they advised Gee to pursue a harder-edged tactic, in case the voluntary approach did not work: Gee should ask the secretary of health and human services to invoke a century-old law that allows the government to use patents at a reasonable cost. The panel recommended a price as low as $1,000 per patient.

The law was used routinely in the 1950s and 1960s to make medicines available at lower prices. It was considered but not used during the anthrax attacks in 2001. It has been used by more than 10 government agencies or departments to lower the prices for patented inventions, including night-vision goggles for the Defense Department.

“The drug has been out for years, and we’re failing to provide it to the majority of people who have this infection,” Gee said. “We’re failing at our mission to improve the public health, and so just doing what we’re doing is not an option and we have to do better.”"

Wednesday, November 2, 2016

Patent rights key to ensuring access to medication; Trib Live, 10/24/16

Robert A. Freeman, Trib Live; Patent rights key to ensuring access to medication:
" A United Nations panel recently released disastrous policy recommendations designed to increase access to medicines in developing countries. The panel ignored obvious solutions.
Secretary General Ban Ki-Moon originally tasked the UN High-Level Panel on Access to Medicines with remedying the “policy incoherence” between intellectual property rights and drug access. The panel predictably — and wrongly — viewed IP protections as a barrier to access rather than a bridge to medical innovation.
Undermining IP rights will not help patients in developing countries access medicines.
A 2016 Foreign Affairs study sought to determine whether strong patent protections increase the prices of drugs to developing countries. It found that patents were not key drivers of higher expenditures."