Canada Proposes Generic Drugs Patent Amendment
Canada: a haven for generic drugs?
Medical News Today reports that Canada is proposing to ameliorate its patent constabulary inwards monastic say to optimize the residuum betwixt encouraging continued excogitation inwards novel drugs as well as promoting timely generic competition. Under the proposal pharmaceutical companies volition non live on able to extend the menses of information exclusivity that they are granted inwards a trend that is incompatible amongst the master copy operate of such protection. This should enable generics to come upward to the marketplace to a greater extent than easily. However, for truly innovative drugs, the information exclusivity menses volition live on extended from vi years to viii years, amongst an extra vi months for drugs which convey been the plain of study of clinical trials on children.
welcomes this subtle approach, which directs its measures specifically to the problems identified, rather than a “one size fits all” approach.
More on generic drugs inwards Canada here, here as well as here
Canada-related Monty Python sketch here
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