Thirty-three civil society organizations have written an open letter to the European Commission urging it to abolish the current mechanism of awarding drug companies supplementary protection certificates (SPC). They claim that it "expands and extends" existing monopoly rights of pharmaceutical corporations, and results in higher medicines prices by preventing generic competition.
But patent attorney and SPC expert Mike Snodin dismissed the assertions regarding the alleged negative effects of SPCs on the...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Pink Sheet for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?