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Industry Delighted By ‘Fixed’ USMCA

Removes Biologic Exclusivity Requirement And Allows Incentives For Generics

 
• By Dave Wallace

Industry associations in the US and Canada have welcomed revisions to the proposed US-Mexico-Canada trade agreement that remove potentially damaging provisions around biologic data exclusivity and include measures favorable to generics, including incentives for generic competition.

USMCA renegotiation
The AAM and CGPA have welcomed the new ‘fixed’ USMCA proposals • Source: Shutterstock

Revisions to the proposed US-Mexico-Canada trade agreement have ‘fixed’ the replacement for the previous North American Free Trade Agreement, according to the US Association for Accessible Medicines. Along with the Canadian Generic Pharmaceutical Association, the AAM welcomed changes that included removing the requirement for a 10-year data exclusivity period for biologics and adding measures favorable to generics, including incentives for generic competition.

The changes followed recent rumors that US negotiators were preparing to scale back intellectual property provisions in the USMCA to help win support for the deal from US Democrats

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