The biopharma industry and the US Federal Trade Commission illustrated the divide over the Biden administration’s proposal for federal agencies to consider a product’s price when deciding whether to invoke march-in rights to license a company’s patents.
The Biotechnology Innovation Organization (BIO) and the Pharmaceutical Research and Manufacturers of America (PhRMA) called on the Department of Commerce’s National Institute of Standards and Technology (NIST) to withdraw its proposed framework for considering march-in rights, arguing that it would deter public-private partnerships to commercialize
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