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Biologic Exclusivity Provision In USMCA Is Boon To Generics Industry; BIO Is 'Tremendously Worried'

 
• By Brenda Sandburg

Revised North American trade deal touted as enabling Congress to address crisis of high drug prices; requirement for 10 years biologic exclusivity is removed and language to allow incentives for generics added.

Washington, DC - January 2019: USMCA United States Mexico Canada Agreement Treaty. Political Contract And Deal By Donald Trump - 2d Illustration
Deal revising the USMCA strips biologics exclusivty provision and other pharma IP requirements

The deal House Democrats and the Trump Administration reached to revise the United States-Mexico-Canada Agreement (USMCA) removes many pharmaceutical provisions that the Democrats contend delay access to generics. While the generics industry heralded the changes as a victory for patients, the biopharma industry said they would allow other countries to steal their intellectual property.

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