Thursday, March 5, 2015

A Grand Bargain for Intellectual Property in International Trade Deals?

Bloomberg View columnist Caroline Freund has proposed a thoughtful grand bargain for brand-name pharmaceutical firms’ data exclusivity in international trade deals.

Unfortunately, the column confuses two related but different issues: Patent protection and data exclusivity. The former is available to anyone who invents a better mousetrap. It is an important type of intellectual property (IP), and the U.S. leads the world in protecting inventors’ IP.

Read the entire column at NCPA's Health Policy Blog.

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