The off-patent industry association, Medicines for Europe, has put forward an alternative approach to the European Commission’s proposed new incentives scheme, in a move to facilitate earlier access to generic and biosimilar medicines.
Key Takeaways
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Instead of multiple conditions which can extend an originator’s data exclusivity period, off-patent industry trade group Medicines for Europe has recommended that the European Commission use these conditions to grant extended periods of market exclusivity.
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This would still allow originators to benefit from various market incentives, while providing clarity to generics companies about market authorization application timeframes.
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The association has also spoken out against the use of transferable exclusivity extension vouchers for priority antimicrobials
In its planned overhaul of the EU pharmaceutical legislation, the commission is proposing to cut the regulatory data protection (RDP) period by two years, with companies being
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